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Intro You purchase the following bond. The bond makes interest payments on May 15 and Nov. 15 of every year: B. 1 Purchase date 4/7/2020

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Intro You purchase the following bond. The bond makes interest payments on May 15 and Nov. 15 of every year: B. 1 Purchase date 4/7/2020 2 Price (% of par) 70.46 3 Face value $1,000 5.1% 11/15/2030 4 Coupon rate 5 Maturity date 6 Payment frequency 7 Day count basis Semiannual 30/360 Part 1 - Attempt 1/10 for 10 pts. What is the bond's YTM using Excel's YIELD function? 3+ decimals Submit

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