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You observe a 15% annual coupon bond. The current price of the bond is $1,200 and it has a face value of $1,000. There are

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You observe a 15% annual coupon bond. The current price of the bond is $1,200 and it has a face value of $1,000. There are exactly 3 years remaining until the maturity of the bond. If you buy this bond now, what would be your YTM on it

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