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A bond with semiannual coupons is priced to vield 9 . 3 % per year, stated with semiannual periodicity. What is the yield on the

A bond with semiannual coupons is priced to vield

9.3 %

per year, stated with semiannual periodicity. What is the yield on the bond converted to monthly periodicity?

Enter answer in percents.

ou Answered

orrect Answer

9.12

margin of error

+ 1 - 1 %

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