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A bond with a coupon rate of 2% just paid its semi-annual coupon. It has two more coupon payments to make and will expire in

A bond with a coupon rate of 2% just paid its semi-annual coupon. It has two more coupon payments to make and will expire in exactly one year. If it is selling at $971.09 currently, what is its yield to maturity? (Hint: the roots of the quadratic equation ax2 + bx + c = 0 are b b 2 4ac 2a .)

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