Question: ( Exercise 6 . 2 0 ) A $ 1 0 0 0 0 par value 1 3 - year bond with 1 0 %

(Exercise 6.20) A $10000 par value 13-year bond with 10% semiannual coupons is selling for $11100. Find the yield rate convertible semiannually:
a) Using the exact method.
ANSWER =q,%.
b) Using the refined version of the bond salesman's method.
ANSWER =%.
( Exercise 6 . 2 0 ) A $ 1 0 0 0 0 par value 1 3

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