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John Deere has just issued a 51000 par value, 10% coupon rate bond. The bond is currently priced at $1000. Calculate the yield to maturity

John Deere has just issued a 51000 par value, 10% coupon rate bond. The bond is currently priced at $1000. Calculate the yield to maturity (YTM) of the bond. 9.5% Cannot be determined 10.5% 10%

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