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How to solve this problem by finance calculator? 15. What is the bond equivalent yield on a bond paying interest semi-annually with ? 0 YT

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15. What is the bond equivalent yield on a bond paying interest semi-annually with ? 0 YT $1000 face value, a 7.5% annual coupon for 20 years if people pay $863? 5 cal a. 4.35% b. 7.5% c. 8.99% d. 20%

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