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Compute the current yield of a(n) 10.5%,20-year bond that is currently priced in the market at $1,250. Use annual compounding to find the promised yield

image text in transcribed Compute the current yield of a(n) 10.5%,20-year bond that is currently priced in the market at $1,250. 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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