Question: must be completed by hand A $1,000 par value bond with seven years left to maturity has a 9 percent coupon rate (paid semiannually) and

must be completed by hand

A $1,000 par value bond with seven years left to maturity has a 9 percent coupon rate (paid semiannually) and is selling for $945.80. What is its yield to maturity? (An equation is sufficient.)

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