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10. Youre considering buying a 7 year US Treasury 5% coupon bond with a face value of $1000. The bond pays coupons semi-annually. The next

10. Youre considering buying a 7 year US Treasury 5% coupon bond with a face value of $1000. The bond pays coupons semi-annually. The next coupon will be paid in 6 months. The bond is currently selling for $854.66. Determine the YTM of the bond. Express your answer as an effective annual rate (EAR). (Not at an APR). Report your answer as a PERCENT

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