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Chelsea purchased a 1 0 year par value bond with 6 % semiannual coupons at a price of 9 9 7 . 5 0 .
Chelsea purchased a year par value bond with semiannual coupons at a price of The bond can be called at par value on any coupon date starting at the end of year What is the minimum yield that Chelsea could recieve, expressed as a nominal annual rate convertible semiannually?
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