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Business, 08.04.2020 23:27 krazziekidd2p845ri

The market price of a semi-annual pay bond is $990.01. It has 12.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the effective annual yield?

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The market price of a semi-annual pay bond is $990.01. It has 12.00 years to maturity and a coupon r...
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