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( End-of-Chapter Exercise 24 A bond has a face value of $1,000 and a 10% coupon rate, its current price is $940, and it is expected to increase to $980 next yea The current yield is [ % Enter your response rounded to one decimal place.)
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A bord hat a fie. vale al 10 ond a to-l ce 740, and ; expeckdl to inarole to 98 nety eay edAnnua coupons Cmet pnre Annual apo

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