price of coupon = Coupon payment per period * [1-(1+i)^-n]/i + par value/(1+i)^n
i = interest rate per period
n = number of periods
=>
1013 = annual coupon * [1-(1+4.34%)^-9]/4.34% + 1000/(1+4.34%)^9
=>
annual coupon = 45.18
Current yield = annual coupon /price
= 45.18/1013
= 4.42%
=
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