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Find the yield to maturity on a two-year, 8% annual coupon bond with a face value of $1000. You look at the yield curve and
Find the yield to maturity on a two-year, 8% annual coupon bond with a face value of $1000. You look at the yield curve and find a one-year spot rate r1 of 2% and a two-year spot rate r2 of 5%. Please show your work.
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