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Hello I was trying with this question but I got really confused can anyone please help me An engineer bought a $1000 bond of an

Hello I was trying with this question but I got really confused can anyone please help me

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An engineer bought a $1000 bond of an American airline for $875 just after an interest payment had been made. The bond paid a 6% coupon interest rate semiannually. What nominal rate of return did the engineer receive from the bond if he held it 13.5 years until its maturity

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