A municipal bond has 6 years until maturity and sells for $4,021. If the coupon rate on

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A municipal bond has 6 years until maturity and sells for $4,021. If the coupon rate on the bond is 5.27 percent, what is the yield to maturity?(Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Posted Date: May 18, 2024 10:00 PM

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A municipal bond has 6 years until maturity and sells for $4,021. If the coupon rate on

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