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A bond pays an annual coupon of 7% on a face value (par) of $1,000. The price of the bond is $1,020. The bond matures

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A bond pays an annual coupon of 7% on a face value (par) of $1,000. The price of the bond is $1,020. The bond matures in 3 years. What is the yield to maturity? Write your answer as a percent, omitting the % sign. Round to 2 decimal places. E.g., if answer is 4.456%, your answer is "4.46

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