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( 1 1 ) A 2 0 year maturity bond with par value of $ 1 0 0 0 makes semiannwal coupon payments at a

(11) A 20 year maturity bond with par value of $1000 makes semiannwal coupon payments at a coupon rate of 8%. Find the bond equivalent & effective anmisis yield to matarity of the bond if the bond price is 8
a) $950
b) $1000
c) $1050
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