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Yield to Maturity What is the yield to maturity (YTM) on a simple loan for $1,000 that requires a repayment of $2,000 in five years'

Yield to Maturity

What is the yield to maturity (YTM) on a simple loan for $1,000 that requires a repayment of $2,000 in five years' time? The yield to maturity is %. (Round your response to one decimal place.)

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