Assume semi-annual compounding calculate the current yield, Financial Management

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Assume semi-annual compounding calculate the current yield

Suppose you are given the following bond quote information:

Time to maturity: 12 years

Coupon rate: 9%

Yield to maturity: 10%

Par Value: $1,000

Assume semi-annual compounding, calculate the current yield for the bond. (Enter percentages as decimals and round to 4 decimals)

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Financial Management: Assume semi-annual compounding calculate the current yield

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Financial Management: Assume semi-annual compounding calculate the current yield

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