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You just bought a bond that was priced at $768.90. The bond has a 5% coupon rate and a $1,000 face value. What is the
You just bought a bond that was priced at $768.90. The bond has a 5% coupon rate and a $1,000 face value. What is the yield to maturity of the bond if it has 25 years remaining to the maturity? Or 5 years remaining to maturity.
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