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Bavarian sausage just issued a 7 year 8% coupon bond. the face value of the bond is 1,000 and the bond makes annual coupon payments.
Bavarian sausage just issued a 7 year 8% coupon bond. the face value of the bond is 1,000 and the bond makes annual coupon payments. If the bond is trading at $1006.83, what is the bonds yield to maturity?
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