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Determine the yield to maturity on a 10-year 6 bond selling

Determine the yield to maturity on a 10-year 6% bond selling at par if the going rate (current interest rate for newly issued bonds of the same quality rating) is 6%? This is a think question; not a calculation question. Briefly explain how you reached your answer.

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Finance Basics: Determine the yield to maturity on a 10-year 6 bond selling

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