[Answer] 7. If an 8% coupon bond is trading for $1025.00 it has a current yield of ____________ percent. A. 7.8B. 8.7C. 7.6D. 7.9E. 8.1 A2U (LS)

Answer: A. 7.8 A2U (LS) Unit 7
7. If an 8% coupon bond is trading for $1025.00 it has a current yield…

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