Question: Q4) Consider a bond that has a current price that is 90% of far value. Suffose this bond has five years remaining to maturity and

Q4) Consider a bond that has a current price that is 90% of far value. Suffose this bond has five years remaining to maturity and has 8% semiannual coupon rate. Calculate the annual yield on the bond, if the par value is $1000

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