Question: Remaining Time: 29 minutes, 12 seconds. Question Completion Status: Moving to another question will save this response. Question 1 What is the yield to maturity

Remaining Time: 29 minutes, 12 seconds. Question Completion Status: Moving to another question will save this response. Question 1 What is the yield to maturity on a bond that has a price of $1,587 and pays $52 annually forever? Please round your answer to the fourth decimal. E.g. 0.1234 Moving to another question will save this response

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