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12. What is the semi-annual coupon bonds nominal yield to maturity (YTM), if the years to maturity is 15 years, and sells for 119% with
12. What is the semi-annual coupon bonds nominal yield to maturity (YTM), if the years to maturity is 15 years, and sells for 119% with coupons rate of 10%? Assume the par value of the bond is $1,000.
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