Question: A bond has eight years to maturity, a $2,000 face value, and a 5.8% coupon rate with annual coupons. What is its yield to maturity

A bond has eight years to maturity, a $2,000 face value,

A bond has eight years to maturity, a $2,000 face value, and a 5.8% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $1,577

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