Question: hi this is practice problem i am stuggling with. thanks for your help in advance! You just purchased a corporate bond with a par value

hi this is practice problem i am stuggling with. thanks for your help in advance!

You just purchased a corporate bond with a par value of $1,000 for $951.25. It carries a 7% coupon rate and will mature in 5 years. What is the yield to maturity? Answer in percentage format rounded to 2 decimals. For example, 0.05432 would be 5.43

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