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A 4-year bond bearing a semi-annual coupon of 4.150% has a priceof 94.050% of par. What is the bond-equivalent yield (BEY) on thebond? Enter your
A 4-year bond bearing a semi-annual coupon of 4.150% has a priceof 94.050% of par. What is the bond-equivalent yield (BEY) on thebond? Enter your answer as a number rounded to three decimalplaces, 2 answers
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
