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A bond with a coupon rate of 5.44 percent and semiannual coupon payments matures in 19 years. The YTM is 6.58 percent. What is the
A bond with a coupon rate of 5.44 percent and semiannual coupon payments matures in 19 years. The YTM is 6.58 percent. What is the effective annual yield? Multiple Choice 5.51% 6.58% 6.96% 5.44% 6.69%
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