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What is the yield to maturity (YTM) on a simple loan for $1,500 that requires a repayment of $3,000 in tive years' time? The yield

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What is the yield to maturity (YTM) on a simple loan for $1,500 that requires a repayment of $3,000 in tive years' time? The yield to maturity is x. (Round your response to one decimal place

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