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A 1 2 year bond was issued 2 years ago with a coupon rate of 6 . 8 % . If you can buy this

A 12 year bond was issued 2 years ago with
a coupon rate of 6.8%. If you can buy this
bond today for $1,059.51, what would be
the yield to maturity if you held the bond
for the remaining 10 years? What is the
effective annual return on this bond? can you solve inclduing the inputs to a financial calculator and show how to calculate the EAR from it.

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