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A bond with a face value of $1000 makes quarterly payments of $20. The bond is currently selling for $1048.01 and has 10 years remaining

A bond with a face value of $1000 makes quarterly payments of $20. The bond is currently selling for $1048.01 and has 10 years remaining until maturity. What is the bond's official yield-to-maturity? Write your answer out to four decimals .

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