Question: > & Moving to another question will save this response Question 2 of 16 Question 2 10 points Save Answer You just purchase a bond

 > & Moving to another question will save this response Question

> & Moving to another question will save this response Question 2 of 16 Question 2 10 points Save Answer You just purchase a bond that matures in 5 years. The band has a face value of $1,000 and has an 8.5% coupon rate, paid annually. The bond has a current yield of 9.5%. What is the bood's yield to maturity?(round your answer to 4 decimal points)

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