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You just purchased a bond which matures in n years. The bond has a face value of $1,000, and has the coupon rate noted with

You just purchased a bond which matures in n years. The bond has a face value of $1,000, and has the coupon rate noted with annual coupon payments. Given the current yield below, what is the bond's yield to maturity?

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INPUT DATA El Current Yield Coupon M $1,000 8.16% 8.00% 17

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