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A 4.9% percent coupon bond with 5 years left to maturity is offered for sale at $ 1,046.00. What yield to maturity is the bond
A 4.9% percent coupon bond with 5 years left to maturity is offered for sale at $ 1,046.00. What yield to maturity is the bond offering? (Assume interest payments are paid semiannually and par value is $1,000).
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