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Assume you paid $1,075 for a $1,000 Face or Par Value 20-year T-Bond. This 20-year T-Bote has a 5.00% annual coupon rate and also has
Assume you paid $1,075 for a $1,000 Face or Par Value 20-year T-Bond. This 20-year T-Bote has a 5.00% annual coupon rate and also has exactly 20-years remaining until final maturity. What is the Yield until Maturity (YTM) for this 10-year T-note? Show how you calculated the YTM!
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