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A 3.8% bond pays interest semiannually.Its YTM is 3.4%.The Equivalent Annual Yield (EAY) on this bond is ____% I keep getting 3.93 and the correct

A 3.8% bond pays interest semiannually.Its YTM is 3.4%.The Equivalent Annual Yield (EAY) on this bond is ____%

I keep getting 3.93 and the correct answer is 3.43

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