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Suppose a ten-year, $ 1000 bond with an 8.6% coupon rate and semiannual coupons is trading for $1,035.01 a. What is the bond's yield to
Suppose a ten-year, $ 1000 bond with an 8.6% coupon rate and semiannual coupons is trading for $1,035.01
a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)?
The bond's yield to maturity is _________%
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