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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 3000 c2 9% 9 2700 Answer: 2

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