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Bavarian Sausage just issued a 8-year 9% coupon bond. The face value of the bond...

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Finance

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Bavarian Sausage just issued a 8-year 9% coupon bond. The face value of the bond is $1,000 and the bond makes annual coupon payments. If the bond is trading at $1082.10, what is the bond's yield to maturity?(Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)

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