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(Yield to maturity) You own a 15-year bond that pays 15 percent interest annually. The par value of the bond is $1,000 and the market price of the bond is $950. What is the yield to maturity of the bond? The yield to maturity of the bond is [M (Round to two decimal places.)Round to two decimal places

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COUPON RATE 15.00% NPER YEARS TO MATURITY 15 PMT $150.00 (face value x coupon rate) FACE VALUE $1,000.00 PRICE=PV- $950.00 15

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