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Consider a semiannual Microsoft corporate bond with a $1000 face value, 10% coupon payments, 15 years until maturity, with a bond price of $946, what
Consider a semiannual Microsoft corporate bond with a $1000 face value, 10% coupon payments, 15 years until maturity, with a bond price of $946, what is yield to maturity? (Please enter your answer without $ or % sign. Like, 9.67). Round your answer to 3 decimal places.
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