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Q.5:- You just purchased a bond which matures in 5 years. The bond has a face value of $1,000, and has an 8 percent annual

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Q.5:- You just purchased a bond which matures in 5 years. The bond has a face value of $1,000, and has an 8 percent annual coupon. The bond has a current yield of 8.21 percent. What is the bond's yield to maturity? Q.5:- You just purchased a bond which matures in 5 years. The bond has a face value of $1,000, and has an 8 percent annual coupon. The bond has a current yield of 8.21 percent. What is the bond's yield to maturity

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