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Suppose the US government just issued a $1,000 PAR value coupon bond today. This bond will mature in 15 years from today. This Bond's annual

Suppose the US government just issued a $1,000 PAR value coupon bond today.

This bond will mature in 15 years from today.

This Bond's annual coupon rate is 8%.

Coupons are paid 4 time(s) in a year.

The Bond is currently trading at $1038.32.

What is the Yield to Maturity (YTM) of this Bond? In other words, what is the return on investment for the bond investor? Enter your answer in the following format: 0.1234 Hint: Answer is between 0.0696 and 0.0848

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