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If you purchase a $1000,9% semiannual bond for $1000 and sell it after 5 years for $985. What is the effective annual yield? 8.812% 9.002%

If you purchase a $1000,9% semiannual bond for $1000 and sell it after 5 years for $985. What is the effective annual yield? 8.812% 9.002% 8.946% 8.776%

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