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What is the YTM of 8yrs, a $5000 bond with a 4.8% coupon rate, and Semi-annual coupons if this bond is currently trading for a
What is the YTM of 8yrs, a $5000 bond with a 4.8% coupon rate, and Semi-annual coupons if this bond is currently trading for a price of $4,761? (Please show steps how to get the answer )
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