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On Thursday the following bond quotation appears in the newspaper. Interpret each item that appears in the quote and compute its current yield:
COMPANY (TICKER)
COUPON
MAT.
LAST PRICE
LAST YIELD
EST SPREAD
EST UST
$VOL (000s)
Wal-Mart Stores
WMT
4.550
May 1, 2013
99.270
4.649
47
10
66,830
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