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2 pointsSave Answer Question 4 A 30-year bond with a par value of $1,000 and 10% coupons payable quarterly is selling at S850. Calculate the

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2 pointsSave Answer Question 4 A 30-year bond with a par value of $1,000 and 10% coupons payable quarterly is selling at S850. Calculate the annual nominal yield rate convertible quarterly. Provide answer as a percent rounded to 1 decimal place.)

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