Question: Consider a Microsoft corporate bond with a $1000 face value, 10% coupon payments, 20 years until maturity, with a bond price of $934, what is
Consider a Microsoft corporate bond with a $1000 face value, 10% coupon payments, 20 years until maturity, with a bond price of $934, what is yield to maturity? (Please enter your answer without $ or % sign. Like, 9.67). Round your answer to 3 decimal places.
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