Question: Each bond has 15 years remaining to maturity, a face value of $1,000 and currently trades for $696.00 in the market. The bonds carry a

Each bond has 15 years remaining to maturity, a face value of $1,000 and currently trades for $696.00 in the market. The bonds carry a coupon rate of 6.25%, and pay interest semiannually.

THE ANSWER IS 10.27. Will you show functions entered in the Financial Calculator? Thanks

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