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6. (Yield to maturity) you own a 10-year bond that pays 6 percent interest annually. The par value of a bond is 1,000 and the

6. (Yield to maturity) you own a 10-year bond that pays 6 percent interest annually. The par value of a bond is 1,000 and the market price of the bond is $900. What is the yeild to maturity of the bond?

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