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A $1,000 par value bond sells for $1,020. It matures in 5 years and has an 5% coupon, paid semiannually. What is the bond's yield

A $1,000 par value bond sells for $1,020. It matures in 5 years and has an 5% coupon, paid semiannually. What is the bond's yield to maturity (YTM)? 227% 1.89%% None of these is correct. 0 4.55% 3.78%

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