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A Treasury note has 2 years left to maturity, a $1,000 face value, and a coupon rate of 5%, with annually (in $) paid coupon.

A Treasury note has 2 years left to maturity, a $1,000 face value, and a coupon rate of 5%, with annually (in $) paid coupon. Attempt 1/3 for 10 pts. Part 1 Suppose this Treasury note is currently traded in the market at $980, what is the yield to maturity

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