Question: ( 1 point ) ( Exercise 6 . 2 0 ) A $ 1 0 0 0 par value 1 2 - year bond with

(1 point)(Exercise 6.20) A $1000 par value 12-year bond with 9% semiannual coupons is
selling for $1210. Find the yield rate convertible semiannually:
a) Using the exact method.
ANSWER =
%.
b) Using the refined version of the bond salesman's method.
ANSWER =
%.
(1 point)(Exercise 6.20) A $1000 par value 12-year bond with 9%

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