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A 15-year maturity bond with par value exist1,000 makes semiannual coupon payments at a coupon rate of 8%. a. Find the bond equivalent and effective

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A 15-year maturity bond with par value exist1,000 makes semiannual coupon payments at a coupon rate of 8%. a. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is exist940. (Round your intermediate answers to 2 decimal places.) Bond equivalent yield to maturity % Effective annual yield to maturity %

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