(Financial calculator required.) Ed Wood, a private investor, can purchase $1,000 par value bonds for $980.The bonds have a 10 percent coupon rate, pay interest annually, and have 20 years remaining until maturity.Mr.Wood's yield to maturity is ____ percent.

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The Answer of (Financial calculator required.) Ed Wood, a private investor, can purchase $1,000 par value bonds for $980.The bonds have a 10 percent coupon rate, pay interest annually, and have 20 years remaining until maturity.Mr.Wood's yield to maturity is ____ percent.

(Financial Calculator Required