Question: A 1 0 - year maturity bond with par value of $ 1 , 0 0 0 makes annual coupon payments at a coupon rate

A 10-year maturity bond with par value of $1,000 makes annual coupon payments at a coupon rate of 9%. Find the bond equivalent
and effective annual yield to maturity of the bond for the following bond prices. (Round your answers to 2 decimal places.)
Answer is complete but not entirely correct.
A 10-year maturity bond with par value of $1,000 makes annual

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