Question
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Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible, Please help me as soon as possible,
A 10 year, $5,000 bond with a coupon rate of j2 = 5% is priced at 5,215.
What yield to maturity (j2) will an investor realize if they purchase the bond ?
Round you answer to 2 decimal places and express as a percentage.
Use either trial and error or interpolation.
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