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A bond has a coupon rate of 9% and makes monthly coupon payments. This bond has a face value of $3,000, 16 years to maturity
A bond has a coupon rate of 9% and makes monthly coupon payments. This bond has a face value of $3,000, 16 years to maturity the current price of the bond is $3245. what is the annual YTM of this bond
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