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What is the yield-to-maturity (YTM) for a bond currently selling for $1,020.67 if it has a coupon rate of 3.4% and 15 years to maturity?
What is the yield-to-maturity (YTM) for a bond currently selling for $1,020.67 if it has a coupon rate of 3.4% and 15 years to maturity? Assume annual compounding.
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