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Intro A bond has an annual coupon rate of 3 . 4 % , a face value of $ 1 , 0 0 0 ,

Intro
A bond has an annual coupon rate of 3.4%, a face value of $1,000, a price of $991.68, and matures in 10 years.
Attempt 3/10 for 9.6 pts.
Part 1
What is the bond's YTM?

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