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A bond with a coupon rate of 5.64 percent and semiannual coupon payments matures in 24 years. The YTM is 673 percent. What the effective

A bond with a coupon rate of 5.64 percent and semiannual coupon payments matures in 24 years. The YTM is 673 percent. What the effective annual yield? Multiple Choice 6. 72

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