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A bond with the price of $1,040 has five years to maturity. The coupon is 4% and paid annually. What is the bonds yield to

A bond with the price of $1,040 has five years to maturity. The coupon is 4% and paid annually. What is the bonds yield to maturity according to the U.S. convention? You must show your calculation, otherwise, your mark will be deducted.

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