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A 7-year bond with a face value of $1,000 currently sells for $950. The coupon rate is 4%, the yield to maturity is ___ %

A 7-year bond with a face value of $1,000 currently sells for $950. The coupon rate is 4%, the yield to maturity is ___ % (do not include %, round the answer to 2 decimal places) Add your answer Integer, decimal, or E notation allowed

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