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What is the YTM on an 18-year, 5% annual coupon, par value bond that costs $1,050 today? (Answer as a whole number - i.e. 5.25
What is the YTM on an 18-year, 5% annual coupon, par value bond that costs $1,050 today? (Answer as a whole number - i.e. 5.25 not 0.0525)
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