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Moving to another question will save this response. Question 14 of 18 4 points Save Answer Suppose a bond has a coupon rate of 7%

Moving to another question will save this response. Question 14 of 18 4 points Save Answer Suppose a bond has a coupon rate of 7% and is quoted at 121.375. If the bond pays coupon semi-annually and matures in 5 years, what is the bond's effective yield? Assume a face value of 1,000. USE AT LEAST 4 DECIMAL PLACES O 2.45% O 2.84% O 2.27% O 3.02% A Moving to another question will save this response. Question 14 of 18 Desktop 22/17/2019

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