Question: 9 . You have a bond with 5 years maturity and 6 % coupon ( interest ) rate. A coupon is paid annually. Its face

9. You have a bond with 5 years maturity and 6% coupon (interest) rate. A coupon is paid annually. Its face value is $1000. If the bond is priced at $980, how much is the Yield to Maturity?

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