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Consider the following coupon bond issued by XYZ.inc Term: 10 year Payment: 25 Face Value: 1,000 Currently the prevailing risk free rate is 0.05 and

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Consider the following coupon bond issued by XYZ.inc Term: 10 year Payment: 25 Face Value: 1,000 Currently the prevailing risk free rate is 0.05 and the market places a risk premium on XYZ.inc bonds of 0.06 Compute the Yield to Maturity of this bond, Record your unitless answer as a decimal to two decimal places Your

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