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Consider the following bond issued by Halliburton: coupon rate: 6.500%; coupons are paid semi-annually face value: $1,000 19 semi-annual periods until maturity Price on the
Consider the following bond issued by Halliburton:
coupon rate: 6.500%; coupons are paid semi-annually
face value: $1,000
19 semi-annual periods until maturity
Price on the bond: $1,125
What is the yield-to-maturity?
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