Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 9% coupon paid semiannually;...

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Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 9% coupon paid semiannually; the bonds mature in 8 years. What current yield would be reported in The Wall Street Journal if the yield to maturity is 7%? A) 4% B) 5% C) 6% D) 7% E) 8% Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 9% coupon paid semiannually; the bonds mature in 8 years. What current yield would be reported in The Wall Street Journal if the yield to maturity is 7%? A) 4% B) 5% C) 6% D) 7% E) 8%

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