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9. The Johnson National Bank has purchased a bond that has a coupon rate of 5.5% and a face value of $1000. It has 4
9. The Johnson National Bank has purchased a bond that has a coupon rate of 5.5% and a face value of $1000. It has 4 years to maturity and is selling in the market for $917. The bond makes annual coupon payments. What is the yield-to-maturity on this bond
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