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What is the yield to maturity (YTM) of a 10-year bond with par value of $1,000, coupon rate of 12%, paying coupon semiannually. When the

What is the yield to maturity (YTM) of a 10-year bond with par value of $1,000, coupon rate of 12%, paying coupon semiannually.



When the current market price of the bond is $880?

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