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A portfolio consists of two 10 -year bonds both with par value of $1000. Bond A pays 6% annual coupon and is traded for $910.

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A portfolio consists of two 10 -year bonds both with par value of $1000. Bond A pays 6% annual coupon and is traded for $910. Bond B pays 10% coupon and has a price of $1130. Calculate the yield-to-maturity of the portfolio. Assume the frequency of coupons is annual. Type your

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