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Question 12 (2 marks) A bond with the price of $1,040 has five years to maturity. The coupon is 4% and paid annually. What is

Question 12 (2 marks) A bond with the price of $1,040 has five years to maturity. The coupon is 4% and paid annually. What is the bond's yield to maturity according to the U.S. convention? You must show your calculation, otherwise, your mark will be deducted

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