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bond with a maturity date one year from now has a face value of $ 2 , 0 0 0 and a coupon rate of
bond with a maturity date one year from now has a face value of $ and a coupon rate of Interest rates have increased in the market, changing the bond's orice to $
For an investor purchasing the bond today, what is the bond yield? Write the exact answer. Do not round.
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