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A bond with the price of $60,000. It had a return payment of $30,000 after 3 years, a payment of $20,000 after 6 years, and
A bond with the price of $60,000. It had a return payment of $30,000 after 3 years, a payment of $20,000 after 6 years, and a final payment of $10,000 after 9 years. Find the yield to the nearest hundredth of a percent.
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