HEATH FOODS’S BONDS HAVE A 7 YEARS MATURITY. THE BONDS HAVE A FACE VALUE OF $1,000 AND A YEILD TO…

HEATH FOODS’S BONDS HAVE A 7 YEARS MATURITY. THE BONDS HAVE A FACE VALUE OF $1,000 AND A YEILD TO MATURITY OF 8%. THEY PAY INTEREST ANNUALLY AND HAVE A 9% COUPON RATE. WHAT IS THIER CURRENT YEILD?

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