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A bond has an annual coupon rate of 3.5%, a face value of $1,000, a price of $1,000, and matures in 10 years. Attempt 1/1
A bond has an annual coupon rate of 3.5%, a face value of $1,000, a price of $1,000, and matures in 10 years. Attempt 1/1
Part 1 What is the bond's YTM?
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