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Turnout Clubs has issued a bond in the past with 5 years remaining to maturity that pays interest semiannually. The bond's coupon rate is 6%
Turnout Clubs has issued a bond in the past with 5 years remaining to maturity that pays interest semiannually. The bond's coupon rate is 6% and it is currently trading at $1010. Compute the bond's yield to maturity.
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