Question: 4 1 point A bond with exactly 30 years remaining until maturity and a par value of $1,000 par value bond offers a coupon rate

4 1 point A bond with exactly 30 years remaining until

4 1 point A bond with exactly 30 years remaining until maturity and a par value of $1,000 par value bond offers a coupon rate of 7% with interest paid annually. The bond is currently trading for $900. What is the bond's yield to maturity? Enter your answer as a decimal out to four decimal places. As an example, you would enter 1.146% as 0.0146. Type your

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