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The current price of bond X is $850. Its par value is $1,000. It has a coupon rate of 5% and will mature in 10

"The current price of bond X is $850. Its par value is $1,000. It has a coupon rate of 5% and will mature in 10 years. Assume that coupons are paid annually. What is the yield to maturity of bond X?"

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