Question: I need this answered with work shown/explained. 2) a-what is the bond-equivalent yield if the monthly cash flow yield is 0.8%? b) Why do we

I need this answered with work shown/explained. 2) a-what is the

I need this answered with work shown/explained.

2) a-what is the bond-equivalent yield if the monthly cash flow yield is 0.8%? b) Why do we have to calculate the bond-equivalent yield

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