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Consider a bond with semi-annual coupon payments, 12 years to maturity, a 4.5% coupon rate, with a current market price of $892 per bond. What
Consider a bond with semi-annual coupon payments, 12 years to maturity, a 4.5% coupon rate, with a current market price of $892 per bond. What is Effective Annual Yield of this bond?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
