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A bond with a par value of $1.000 has a coupon rate of 5% and is expected to mature in the next thirty (30) years.

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A bond with a par value of $1.000 has a coupon rate of 5% and is expected to mature in the next thirty (30) years. The bond is reportedly now selling for $$1 172.90. Compute the bond's yield to maturity if you are to purchase at this price

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