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You purchased a bond for $ 1 , 2 0 0 . The bond has a Par value of $ 1 , 0 0 0

You purchased a bond for $1,200. The bond has a Par value of $1,000 and a coupon rate of 5%(paid semiannually). The bond only has 17 years left until maturity. What is this bonds yield to maturity? (round to 3 decimals ex: 12.3%=.123)

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