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Can someone do this question? Question 4 (4 points) A bond with a face value of $1,000 will mature 8 years from today. This bond
Can someone do this question?
Question 4 (4 points) A bond with a face value of $1,000 will mature 8 years from today. This bond pays coupons semi-annually, and it has an annual coupon rate of 5.25%. If this bond is selling for $883.18 today, what is its yield to maturity? (Express your answer as an effective annual rate.) (Enter your answer to 2 decimal places without any % sign, e.g. if your answer is 6.34%, enter 6.34.) YourStep by Step Solution
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