The market price of a semi-annual pay bond is $957.95. It has 15.00 years to maturity and
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- The market price of a semi-annual pay bond is $957.95. It has 15.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the yield to maturity?
- The market price of a semi-annual pay bond is $966.43. It has 19.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield?
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