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You buy a bond for $ 9 5 5 that has a coupon rate of 6 . 0 0 % and a maturity of 1

You buy a bond for $955 that has a coupon rate of 6.00% and a maturity of 10-years. A year later, the bond price is $1,080.(Assume a face value of $1,000 and annual coupon payments.)
What is the new yield to maturi

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