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Question 26 (10 points) Houston, Inc. has a bond outstanding with a face value of $1000, maturing in five years, with a coupon rate of

Question 26 (10 points) Houston, Inc. has a bond outstanding with a face value of $1000, maturing in five years, with a coupon rate of 8.5% paid semiannually. Assuming the bond trade for $1.081.73. what is the yield-to-maturity (YTM) of the bond? Show your work or inputs

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