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Zero Motorcycles issues a 5 year, semi - annual - pay bond with $ 1 , 0 0 0 Face Value per bond and a

Zero Motorcycles issues a

5

year, semi

-

annual

-

pay bond with

1, 000

Face Value per bond and a

10 %

coupon rate. What is the

YTM

(

yield to maturity

)

of this bond, for someone who buys the

bond at issuance?

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