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Assume that you would like to find the yield to maturity of a Treasury note with a par value of $1000. The coupon rate of
Assume that you would like to find the yield to maturity of a Treasury note with a par value of $1000. The coupon rate of the bond is 0.056 and the price is $1020. The 7-year bond pays semiannual coupons. Compute the yield to maturity of this bond.
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