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A bond pays coupons semi-annually at an annual rate of 8%. The bond has 18 months to maturity. The current yield curve is a flat

A bond pays coupons semi-annually at an annual rate of 8%. The bond has 18 months to maturity. The current yield curve is a flat 5% per year. What is the market value of the bond as a percentage of par if the 5% yield. What is the conventional bond equivalent yield and effective annual yield?

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