Question: b) A ten-year Trackit bond with $1000 face value, and a 6% coupon (with the next semiannual coupon payment exactly 6 months away) trades for

b) A ten-year Trackit bond with $1000 face value, and a 6% coupon (with the next semiannual coupon payment exactly 6 months away) trades for $985.20 in the same market. What is the yield-to-maturity of this ten-year Trackit bond

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