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A new bond issue has an annual yield of 123 percent. The bond pays coupons twice a yoar. What is the effective annul yild (LAh

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A new bond issue has an annual yield of 123 percent. The bond pays coupons twice a yoar. What is the effective annul yild (LAh on this investment? (arower as a percentage rounded to two decimal places without \% sign eg 28898 would be written 289) Answer: What is the value (to the nearest cent) of a 4 year 4.8%6 coupon bond with a face value of $1.000. The yield-to maturity on the bond is 5.0% and the bond makes semi-annual coupon parments. a. 5992.83 b. 5155021 c. 582270 d. 599291

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