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A 4-year maturity bond with a 12% coupon rate can be bought for $1,200? What is the YTM if the coupon is paid semiannually? Show

A 4-year maturity bond with a 12% coupon rate can be bought for $1,200? What is the YTM if the coupon is paid semiannually?

Show the equation you will use to compute YTM. Show the inputs, you will input answer

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