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Compute the current yield of a ( n ) 9 . 5 % , 2 0 - year bond that is currently priced in the

Compute the current yield of a(n)9.5%,20-year bond that is currently priced in the market at $1,275. Use annual compounding to find the promised yield on this bond. Repeat the promised yield calculation, but this time use semiannual compounding to find yield-to-maturity.

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