Question: A bond that sells for par value has a yield of 13.54%. What is the bond's annual coupon rate? 2. Account A compounds monthly. Account

  1. A bond that sells for par value has a yield of 13.54%. What is the bond's annual coupon rate?

2. Account A compounds monthly. Account B compounds quarterly. Both have an APR of 9%. All else equal, which one has the higher EAR?

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