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2. Consider a 4-year semi-annual coupon paying bond with an annual coupon rate of 5%, and a face value of $1000. Suppose the bond price
2. Consider a 4-year semi-annual coupon paying bond with an annual coupon rate of 5%, and a face value of $1000. Suppose the bond price is $1,100. Calculate the the yield to maturity of the bond.
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