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4. Chronowerx Inc. has issued a bond that has a face value of $1,000, a 3% coupon rate (with semiannual interest), and a maturity date

4. Chronowerx Inc. has issued a bond that has a face value of $1,000, a 3% coupon rate (with semiannual interest), and a maturity date four years from now. If the bonds current price is $895, what is its annualized yield to maturity?

P/Y

N
I/Y
PV
PMT
FV

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