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7 . Suppose a bond has the following characteristics: a . Coupon rate: 1 0 % APR b . Coupons paid out semi - annually
Suppose a bond has the following characteristics:
a Coupon rate: APR
b Coupons paid out semiannually
c Matures years away from today
d Face Value $
e Current Price $
What is the annual APR yield to maturity
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