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What is the yield to maturity (YTM) on a simple loan for $1,500 that requires a repayment of $15,000 in five 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 $15,000 in five years' time? The yield to maturity is 58.5''%. (Round your response to one decimal place.)

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