Question: (1 point) (Exercise 6.20) A $10000 par value 9 -year bond with 12% semiannual coupons is selling for $12100. Find the yield rate convertible semiannually:

(1 point) (Exercise 6.20) A $10000 par value 9 -year bond

(1 point) (Exercise 6.20) A $10000 par value 9 -year bond with 12% semiannual coupons is selling for $12100. Find the yield rate convertible semiannually: a) Using the exact method. ANSWER = %. b) Using the refined version of the bond salesman's method. ANSWER =

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