A bond's coupon rate calls for a semiannual payment of $45 in interest. The current price of the bond is $900. Therefore
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A bond's coupon rate calls for a semiannual payment of $45 in interest. The current price of the bond is $900. Therefore
A bond's coupon rate calls for a semiannual payment of $45 in interest. The current price of the bond is $900. Therefore, its current yield must be O 5 percent O 12 percent O 14 percent O 4.5 percent O 10 percent