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A $1,000 par value bond with a 9.00% coupon rato (semianual interest) matures in 7 yours and currently sells for $994 28. What is the

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A $1,000 par value bond with a 9.00% coupon rato (semianual interest) matures in 7 yours and currently sells for $994 28. What is the bond's yield to maturity and bond equivalent yield? The bond's yield to maturity is % (Round to two decimal places.)

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