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Calculate to the nearest .0001 the annualized yield of a $2 billion, 7% coupon bond that pays interest semi-annually, has 25 years to maturity and
Calculate to the nearest .0001 the annualized yield of a $2 billion, 7% coupon bond that pays interest semi-annually, has 25 years to maturity and is currently selling for $1.9 Billion.
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