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A bond with a maturity of 10 years, a coupon rate of 8%, a par value of $1,000, and capable of voluntary redemption at a
A bond with a maturity of 10 years, a coupon rate of 8%, a par value of $1,000, and capable of voluntary redemption at a price of $1,010 after 5 years is being traded at $1,071. What is the positive rate of return (YTC) for this bond? (However, coupon interest is paid every 6 months)
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