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Business, 13.12.2019 05:31 Olavarriafamily1

A25-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. a. find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $960.

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A25-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%...
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