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An investor purchases a bond with a par value of $ 5 , 0 0 0 , a coupon rate of 5 % ( paid

An investor purchases a bond with a par value of $5,000, a coupon rate of 5%(paid semi-annually), and a
maturity of 10 years. The bond is purchased at a price of $4,820. Calculate the bond's yield to maturity (YTM)?

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