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One bond, with a face value of 1000 dollars and annual coupons at a rate of 8.1 percent effective, has a price of 1212.13 dollars.

One bond, with a face value of 1000 dollars and annual coupons at a rate of 8.1 percent effective, has a price of 1212.13 dollars. A second bond, with a face value of 1000 dollars and annual coupons at a rate of 6.6 percent effective, has a price of 1077.3 dollars. Both bonds are redeemable at par in the same number of years, and have the same yield rate. Find the yield rate. (Give your answer as an effective rate.) Hello, I have attached some chegg links to problems that have been solved that are the same but with different numbers, maybe it will be helpful. I will make sure to thumbs up if the answer is correct.

https://www.chegg.com/homework-help/questions-and-answers/1-point-one-bond-face-value-1000-dollars-annual-coupons-rate-78-percent-effective-price-10-q105319489?trackid=e4fd2ed6a379&strackid=0b3060c4c630 https://www.chegg.com/homework-help/questions-and-answers/one-bond-face-value-1000-dollars-annual-coupons-rate-75-percent-effective-price-108481-dol-q105343820?trackid=63b386f2e83d&strackid=0b3060c4c630 https://www.chegg.com/homework-help/questions-and-answers/one-bond-tace-value-1000-dollars-annual-coupons-rate-84-percent-effective-price-130709-dol-q105463865?trackid=423df9406175&strackid=0b3060c4c630 https://www.chegg.com/homework-help/questions-and-answers/one-bond-face-value-1000-dollars-annual-coupons-rate-74-percent-effective-price-10945-doll-q28248657?trackid=5dc7d15f3130&strackid=0b3060c4c630

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One bond, with a face value of 1000 dollars and annual coupons at a rate of 8.1 percent effective, has a price of 1212.13 dollars. A second bond, with a face value of 1000 dollars and annual coupons at a rate of 6.6 percent effective, has a price of 1077.3 dollars. Both bonds are redeemable at par in the same number of years, and have the same yield rate. Find the yield rate. (Give your answer as an effective rate.) Answer = percent. One bond, with a face value of 1000 dollars and annual coupons at a rate of 8.1 percent effective, has a price of 1212.13 dollars. A second bond, with a face value of 1000 dollars and annual coupons at a rate of 6.6 percent effective, has a price of 1077.3 dollars. Both bonds are redeemable at par in the same number of years, and have the same yield rate. Find the yield rate. (Give your answer as an effective rate.) Answer = percent

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