A 55 percent coupon bond has a par value of 1000 pays
A 5.5 percent coupon bond has a par value of $1000, pays interest annually, has 14 years to maturity, and is currently selling for $1000. What is the yield-to-maturity? Express your answer as a decimal rounded to 4 places.
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a 55 percent coupon bond has a par value of 1000 pays interest annually has 14 years to maturity and is currently
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