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A two-year bond with par value $1,000 making annual coupon payments of $90 is priced at $1,000. Required: a. What is the yield to maturity

A two-year bond with par value $1,000 making annual coupon payments of $90 is priced at $1,000. Required: a. What is the yield to maturity of the bond? (Round your answer to 1 decimal place.)

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