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A seven year 4% coupon bond pays interest semi-annually, and is priced at $1,050.00. If he par value is $1,000, what is the yield to
A seven year 4% coupon bond pays interest semi-annually, and is priced at $1,050.00. If he par value is $1,000, what is the yield to maturity (YTM) for this bond? (Answer to four decimals 0.XXXX)
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