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Posted on May 19, 2024

A 5 % annual coupon bond has a maturity of 4 years and a price of 9 8 . Which one of the following is

5 %

annual coupon bond has a maturity of

4

years and a price of

98 .

Which one of the following is closest to the bonds bond equivalent yield?A

. 5.49 %

. 5.57 %

. 5.68 %

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