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A three year bond has par value of $ 1 0 0 0 , coupon rate of 5 % which is paid semiannually, and a

A three year bond has par value of $1000, coupon rate of 5% which is paid semiannually, and a price of $990. What is its yield to maturity as a percentage rounded to the nearest thousandth (.001)?(remember to annualize your answer).

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