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A bond has an annual coupon rate of 3.4%, a face value of $1,000, a price of $1,078.77, and matures in 10 years. Part 1

A bond has an annual coupon rate of 3.4%, a face value of $1,000, a price of $1,078.77, and matures in 10 years. Part 1 Attempt 1/5 for 10 pts. What is the bond's YTM

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