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Consider a bond with a 5% annual coupon rate paid annually, 1 year to maturity, and a par value of $1,000,000. If immediately after issuance

Consider a bond with a 5% annual coupon rate paid annually, 1 year to maturity, and a par value of $1,000,000. If immediately after issuance it traded at $1,040,460, what is the yield to maturity?

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