What is the current yield for bartiromo bonds

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Bartiromo, Inc. bonds have a 6% coupon rate with semi-annual coupon payments and a $1,000 par value. The bonds have 14 years until maturity, and sell for $950. What is the current yield for Bartiromo's bonds?

a) 3.28%
b) 6.32%
c) 6.55%
d) 7.52%

 

Reference no: EM13300203

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