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When I buy a 5-year 6% annual coupon municipal bond for 1000$ (face value of the bond is also 1,000$), what is YTM (keep two
When I buy a 5-year 6% annual coupon municipal bond for 1000$ (face value of the bond is also 1,000$), what is YTM (keep two decimal places such as 0.08)?
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