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A coupon bond that pays interest of $ 60 annually has a or value of 1,000$ , matures in 5 years , and is selling
A coupon bond that pays interest of $ 60 annually has a or value of 1,000$ , matures in 5 years , and is selling today at an 84.52% discount from par value . The yield to maturity on the bond is (please include HP12C key steps)
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