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eBook Yield to Maturity and Current Yield You just purchased a bond that matures in 5 years. The bond has a face value of $1,000

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eBook Yield to Maturity and Current Yield You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and an 8% annual coupon. The band has a current yield of 8.219. What is the bond's yield to maturity? Do not round Intermediate calculations. Round your answer to two decimal places

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