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the answer is 7.5 but i do not know how b. Consider a coupon bond that has a $1,000 face value and a coupon rate

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the answer is 7.5 but i do not know how

b. Consider a coupon bond that has a $1,000 face value and a coupon rate of 10%. The bond is currently selling for $1,044.89 and has two years to maturity. What is the bond's yield fo maturity

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