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(1 point) Determine the yield rate y2 for the following bond using the method of averages. State the result as a percent to 4 decimal

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(1 point) Determine the yield rate y2 for the following bond using the method of averages. State the result as a percent to 4 decimal places Face Value Redeemable at: Bond Interest Years to Redemption Purchase Price 1000 104 C2 = 4.5% 10 965

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