Question: Charles was sent some information about a bond from a broker but YTM (yield to maturity) was missing. The broker said they could sell him

Charles was sent some information about a bond from a broker but YTM (yield to maturity) was missing. The broker said they could sell him a bond that matures in 5 years for $950 ( $1000 par). He was told the bond pays its coupon semiannually, at an annual rate 8.0%. What is the YTM of the bond proposed to Charles? 6.058 12005

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