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Apple Corporation issued $1000 bond with yearly and a coupon rate of 4.60%. Imagine you buy a $1,000 face value note at a price of

Apple Corporation issued $1000 bond with yearly and a coupon rate of 4.60%. Imagine you buy a $1,000 face value note at a price of $900. The note matures in 8 years. What would be the yield to maturity of holding this bond?

NOTE: Answer in percentage. If your answer is 0.0206, you must answer 2.06%. Do not use the "%" sign

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