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four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $878.31, calculate the yield

four-year bond has an 8% coupon rate and a face value of $1000. If the current price of the bond is $878.31, calculate the yield to maturity of the bond (assuming annual interest payments).

Please solve it manually with all formulas should be written here for understanding. Don't use Excell work please.

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