Question: Bond Features Maturity (years) = 4 Face Value = $1,000 Coupon Rate = 7.00% Current Price = $965 Coupon dates (Semiannual) What is the YTM

Bond Features
Maturity (years) = 4
Face Value = $1,000
Coupon Rate = 7.00%
Current Price = $965
Coupon dates (Semiannual)

What is the YTM (annual) of the above bond?

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