Question: Question 23 (1 point) What is the yield to maturity of a 25-year bond that pays a coupon rate of 6.47 percent per year, has

 Question 23 (1 point) What is the yield to maturity of

Question 23 (1 point) What is the yield to maturity of a 25-year bond that pays a coupon rate of 6.47 percent per year, has a $1,000 par value, and is currently priced at $1,037? Assume annual coupon payments Round the answers to two decimal places in percentage form (Write the percentage sign in the units box You should use Excel or financial calculator Your Answer nswer units

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