What is the yield to maturity for the following bonds? Assume these are bonds issued in the
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What is the yield to maturity for the following bonds? Assume these are bonds issued in the U.S.Use the Excel RATE function to solve.
10 years to maturity, 6% coupon rate, current price is $950.(Round answer to 2 decimal places, e.g. 52.75.)
Yield to maturity __ %
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