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A 10-year maturity bond with par value $1,000 makes semiannual coupon payments at an annual coupon rate of 8%. Find the bond equivalent and effective
A 10-year maturity bond with par value $1,000 makes semiannual coupon payments at an annual coupon rate of 8%. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is: $920
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