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Mr. Om believes that if he purchases $1000 bond for $917 with a semi- annual interest of $37.5, his currently yield should be: a. 4.1%

Mr. Om believes that if he purchases $1000 bond for $917 with a semi- annual interest of $37.5, his currently yield should be:

a. 4.1%

b. 8.2%

c. 91.7%

d. 3.75%

please show all workings

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