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Assume that today’s date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

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Assume that today’s date is April 15, 2015. Fresh Bakery

Inc. bond is an annual-coupon bond. Par value of the bond is $5,000. Calculate the bond’s current yield. Round the answers to two decimal places in percentage form. (Write the percentage sign in the “units” box).

 
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