Question: Please show all your work for this question 10-year, 12% coupon bond that pays interest annually is currently selling for $1,083. What is the yield

Please show all your work for this question

10-year, 12% coupon bond that pays interest annually is currently selling for $1,083. What is the yield to maturity of the bond? [The face value of the bond is $1,000] 3

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