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1) An investor pays $989.40 for a bond. The bond has coupon rate of 4.8% with semi-annual payments and 7 years to maturity. What is

1) An investor pays $989.40 for a bond. The bond has coupon rate of 4.8% with semi-annual payments and 7 years to maturity. What is the Yield to Maturity for this bond?

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