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The market price of a semi-annual pay bond is $982.28. It has 11.00 years to maturity and a coupon rate of 5.00%. Par value is
The market price of a semi-annual pay bond is $982.28. It has 11.00 years to maturity and a coupon rate of 5.00%. Par value is $1,000. What is the yield to maturity?
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