Question: Exam Question 7 . 2 . A new 2 0 - year bond costs $ 1 0 2 5 . 3 5 , annually pays

Exam Question 7.2. A new 20-year bond costs $1025.35, annually pays $55, and has a face value of $1,000. What is the bond's yield to maturity? Answer in X.XX% format without the percentage sign, so X.XX.
Exam Question 7.2. A new 20-year bond costs $1025.35, annually pays

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