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You just purchased a bond. You paid $1,250 for the bond. The bond has 10 years to maturity and a face value of $1,000. The

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You just purchased a bond. You paid $1,250 for the bond. The bond has 10 years to maturity and a face value of $1,000. The coupon rate is 6.45% and the coupons are paid annually. What is the bond's yield to maturity? Your answer should be accurate to two decimal places

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