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Compute the yield to maturity of a bond that sells for 950 and matures is 1 years. The coupon rate is 5% paid annually and
Compute the yield to maturity of a bond that sells for 950 and matures is 1 years. The coupon rate is 5% 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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