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5. A yment bond with 10 years to maturity is trading at a quoted yield of 129 You are offered an equivalent risk and maturity

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5. A yment bond with 10 years to maturity is trading at a quoted yield of 129 You are offered an equivalent risk and maturity annual payment bond that pays a 10%, coupon. How much should you be willing to pay for the 10% coupon bond if you evaluate the bonds based upon effective annual yield? a. $853 $869 $887 12 > 10: iscount- 1,123 CPN

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