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7 Suppose a ten-year, ( $ 1,000 ) bond with an ( 8.6 % ) coupon rate and semiannual coupons is trading for ( $

7 Suppose a ten-year, \( \$ 1,000 \) bond with an \( 8.6 \% \) coupon rate and semiannual coupons is trading for \( \$ 1,035.92 \). a. What is the bond's yield to maturity (expressed as an APR with semi 2 answers

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