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Compute the yield to maturity of a bond that sells for 988 and matures is 1 year. The coupon rate is 10% paid annually and

Compute the yield to maturity of a bond that sells for 988 and matures is 1 year. The coupon rate is 10% paid annually and the bonds maturity value is 1000.

Record your answer as a decimal, accurate to 4 places after the decimal.

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