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A coupon bond which pays interest of $60 annually, has a par value of $1,000, matures in 5 years,… 1 answer below » A coupon bond which pays interest of $60 annually, has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 discount from par value. The current yield on this bond is Sep 19 2015 03:52 PM