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5. A government bond issued in France has a coupon rate of 7.25 percent, a face value of 100.00 euros, and matures in five years.
5. A government bond issued in France has a coupon rate of 7.25 percent, a face value of 100.00 euros, and matures in five years. The bond pays annual interest payments. Calculate the yield to maturity of t bond (in euros) if the price of the bond is 108.25 euros
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