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A 8% coupon bond has a par value of $1,000 and 25 yearsremaining until maturity. If the bond's price is $910 and couponsare paid semi-annually,
A 8% coupon bond has a par value of $1,000 and 25 yearsremaining until maturity. If the bond's price is $910 and couponsare paid semi-annually, what is the yield-to-maturity? Enter youranswer as an 2 answers
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