Question: Question 25 Find the effective annual yield (EAY) on an 6-year bond that you bought two years ago and paid $854.90. The bond pays

Question 25 Find the effective annual yield (EAY) on an 6-year bond that you bought two years ago and paid $854.90. The bond pays a 5% semi-annual coupon and is currently priced at $976.32. 12.32% 12.53% 6.16% 10.86%

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