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A 31-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 19%. Required: Find the bond equivalent (YTM) and
A 31-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 19%. Required: Find the bond equivalent (YTM) and effective annual (EAY) yield to maturity of the bond for the bond prices $1,005, $1,000, $1,105. (Round your answers to 2 decimal places. Omit the "%" sign in your response.) Bond equivalent annual yield to maturity (YTM) Effective annual yield to maturity (EAY) $1,005 % % $1,000 % % $1,105 % %
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