What is the yield to maturity of bond, Financial Accounting

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What is the yield to maturity of bond

Response to the following problem:

You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and has an 8 percent annual coupon. The bond has a current yield of 8.21 percent. What is the bond's yield to maturity?

Show all work and calculations.

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Financial Accounting: What is the yield to maturity of bond

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Financial Accounting: What is the yield to maturity of bond

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