Question: A 4% coupon bond with 6 months remaining until maturity is currently trading at $1,000.65. Assume semi-annual coupon payments. The bond's YTM is__________%. Do not
A 4% coupon bond with 6 months remaining until maturity is currently trading at $1,000.65. Assume semi-annual coupon payments. The bond's YTM is__________%. Do not round any intermediate work. Round your *final* answer to 2 decimal places
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