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Calculate the yield to maturity (YTM) for aone-year coupon bond with a purchase price of $8 000, a face value of $10 000, and a

Calculate the yield to maturity (YTM) for aone-year coupon bond with a purchase price of $8 000, a face value of $10 000, and a current yield of

5%.

The yield to maturity is __%. (Round your response to one decimalplace.)

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