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A 5 year par bond will pay semiannual interest of $40. This means that the par yield of this bond is. A. 4% B. 2%
A 5 year par bond will pay semiannual interest of $40. This means that the par yield of this bond is.
- A. 4%
- B. 2%
- C. 10%
- D. 8%
- E. Not determinable based on information provided
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