a bond with a face value of $1000 has a 10-year maturity and an 8.5 percent annual coupon

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a bond with a face value of $1000 has a 10-year maturity and an 8.5 percent annual coupon

a bond with a face value of $1000 has a 10-year maturity and an 8.5 percent annual coupon. the bond has a current yield of 8 percent. what is the bond’s yield to maturity?

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