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A $1,000 par value 4.75 percent Treasury bond pays interest semiannually and matures in 10.5 years. What is the yield to maturity if the bond
A $1,000 par value 4.75 percent Treasury bond pays interest semiannually and matures in 10.5 years. What is the yield to maturity if the bond is currently quoted at a price of 110.5?
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