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please show me the calculator method processes on this question
tion 2 Compute the yield to maturity of a bond that sells for 1,008 and matures is 1 years The coupon rate is 5% paid annuall
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Answer #1

rate positively ..

we have to use financial calculator to solve this
put in calculator
FV 1000
PMT 1000*5% 50
PV -1008
N 1
compute i 4.17%
therefore answer =     0.0417
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