A 20-year maturity bond with face value of $1,000 makes annual coupon payments and has a coupon rate of 6%.
What is the bond's yield to maturity if the bond is selling for $950?(Do not round intermediate calculations. Round your answer to 3 decimal places.)
What is the bond's yield to maturity if the bond is selling for $1,150?(Do not round intermediate calculations. Round your answer to 3 decimal places.)
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