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26.) A 4-percent 8-year coupon bond with face value $20,000 is currently selling for $19,300. What is the yield to maturity (in %) of the
26.) A 4-percent 8-year coupon bond with face value $20,000 is currently selling for $19,300. What is the yield to maturity (in %) of the coupon bond? Round your answer to at least 2 decimal places. (annual payment)
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