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b Stanley Hart invested in a municipal bond that promised an annual yield of 76 percent. The bond pays coupons twice a year What is

Stanley Hart invested in a municipal bond that promised an annual yield of 76 percent. The bond pays coupons twice a year What is the effective annual yield (EAY) on this investment? (Round percentage to two decimal places) 07.74% 6.725 13.40% 3.56%

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