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A10year,7.1percent coupon bond is selling for104.1percent of par. What is the bond's market yield if it makes semiannual coupon payments? (Round answer to 3 decimal
A10year,7.1percent coupon bond is selling for104.1percent of par. What is the bond's market yield if it makes semiannual coupon payments?(Round answer to 3 decimal places, e.g. 5.795.)
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