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One year ago, you bought the ABC bond with a maturity of 30 years for $980. The bonds capital gains yield is -0.3% as of
One year ago, you bought the ABC bond with a maturity of 30 years for $980. The bonds capital gains yield is -0.3% as of today. The bonds coupon rate is 7.0% with semiannual payment of coupon. What is the YTM for the bond as of today?
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