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Elizabeth Brown is looking to invest in a three - year bond that makes semiannual coupon payments at a rate of 5 . 6 7
Elizabeth Brown is looking to invest in a threeyear bond that makes semiannual coupon payments at a rate of percent. If these
bonds have a market price of $ what yield to maturity can she expect to earn? Round intermediate calculations to
decimal places, eg and final answer to decimal places, eg
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Yield to maturity
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