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A 5-year bond with 10% annual coupon, and YTM (market interest) of 7%, is trading at a price of 95.10. The bond is held to
A 5-year bond with 10% annual coupon, and YTM (market interest) of 7%, is trading at a price of 95.10. The bond is held to maturity, assume the FV $100.
Please show the working (breakup of YTM).
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