Question: the answer provided was incorrect A 15 -year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 11%.

the answer provided was incorrect

A 15 -year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 11%. Find the bond equivalent and effective annual yield to maturity of the bond for the following bond prices. (Round your answers to 2 decimal places.)

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