Question: A 15 year maturity bond with par value 1000 dollars makes semiannual coupon payments at a coupon rate of 9%. Find the bond equivalent and

A 15 year maturity bond with par value 1000 dollars makes semiannual coupon payments at a coupon rate of 9%. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is 1040 dollars

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