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What is the yield to maturity of a eight - year $ 1 0 , 0 0 0 bond with a 5 . 1 %

What is the yield to maturity of a eight

-

year $

10, 000

bond with a

5.1 %

coupon rate and semiannual coupons if this bond is currently trading for a price of $

9, 007 ?

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