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4) A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 10%. Find the bond equivalent and effective

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4) A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 10%. Find the bond equivalent and effective annual yield to maturity of the bond If the bond price is $850. (Use Financial Calculator to solve, and show the steps like N=. PV=PT...)

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