Question: If you purchase a $ 1 0 0 0 , 8 % semiannual bond for $ 1 0 0 0 and sell it after 5

If you purchase a $1000,8% semiannual bond for $1000 and sell it after 5 years for $1000, then your effective annual yield on the
bond is 8%.
True
False
If you purchase a $1000,8% semiannual bond for $1000 and sell

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