Question: A 1 0 - year $ 5 0 0 0 - par 5 % coupon municipal bond sells for $ 4 6 0 0 .

A 10-year $5000-par 5% coupon municipal bond sells for $4600. What is the bond's YTM?
A 10-year $5000-par 5% coupon municipal bond sells for $4600. What

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