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Intro Your mom and dad has asked your advice on a bond investment. It has...

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Intro Your mom and dad has asked your advice on a bond investment. It has an annual coupon rate of 4%, paid annually, a face value of $1,000, a price of $976.03, and matures in 10 years. Part 1 Attempt 1/1 for 10 pts. If your parents buy the bond at its current price, what will be their rate of return (YTM)? 4+ decimals Save

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