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Considor a coupon bond that has a par value of $1,100 and a coupon rete of 5%. The bond is currenty selling for $1,080.22 and

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Considor a coupon bond that has a par value of $1,100 and a coupon rete of 5%. The bond is currenty selling for $1,080.22 and has 2 years to maturily. What is the bonds yeld to matunty crtMy? The yeld to meturity is (Round your response to ane decimal place.)

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