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A $1,000 face value bond pays semiannual coupon of $50 (i.e. the bond pays $50 every six month). The bond currently sells for $1,000. What
A $1,000 face value bond pays semiannual coupon of $50 (i.e. the bond pays $50 every six month). The bond currently sells for $1,000. What is the yield to maturity of the bond?
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