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q 6 Consider a coupon bond that has a par value of $ 1 , 1 0 0 and a coupon rate of 5 %

q6
Consider a coupon bond that has a par value of $1,100 and a coupon rate of 5%. The bond is currently selling for
$1,069.96 and has 2 years to maturity. What is the bond's yield to maturity (YTM)?
The yield to maturity is ,%.(Round your response to one decimal place.)
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