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Mary Smltiwants to invest in four-year bonds that are currenthy priced at 5.855.00. These bonds have a coupon rate of 5.0 percent and make semiannual
Mary Smltiwants to invest in four-year bonds that are currenthy priced at 5.855.00. These bonds have a coupon rate of 5.0 percent and make semiannual coupon payments. What is the current market yield on this bond? (hound intermediate calculations to 5 decimat ploces, es, 1.25145 and fincl annwer to 2 decimal places, ez. 15.25\%) Current market yield
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