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HELP ME DO THIS ON FINANCIAL CALCULATOR, WILL UPVOTE IF YOU DO The market price of a semi-annual pay bond is $984.79. It has 19.00
HELP ME DO THIS ON FINANCIAL CALCULATOR, WILL UPVOTE IF YOU DO
The market price of a semi-annual pay bond is $984.79. It has 19.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield? Attempts Remaining: Infinity Answer format: Percentage Round to: 4 decimal places (Example: 9.2434\%, \% sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))Step by Step Solution
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