Question: no excel please, need full calculation Question 28 (2 points) Listen Cyrus just purchased a ten year, $5,000 bond with a 4% coupon rate for

no excel please, need full calculation

Question 28 (2 points) Listen Cyrus just purchased a ten year, $5,000 bond with a 4% coupon rate for $4,930. Calculate the yield rate that he will earn (nominal, semi-annual). Express your answer as a percent to 2 decimal places but don't include the % sign. Your

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