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The 1-year spot rate is 8%, the 2-year spot-rate is 7%, and the 3-year spot rate is 6%. What is the YTM on a 3-year,

The 1-year spot rate is 8%, the 2-year spot-rate is 7%, and the 3-year spot rate is 6%. What is the YTM on a 3-year, 1% annual coupon bond?

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