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A $1,000 par value bond with a 8.00% coupon rate (semianual interest) matures in 9 years and currently sells for $984.05.What is the bond's yield

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$1,000

par value bond with a 8.00% coupon rate (semianual interest) matures in

9 years and currently sells for $984.05.What is the bond's yield to maturity and bond equivalent yield?

The bond's yield to maturity is _%?

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