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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.

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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 have the same yield rate. Find the yield rate. (Give your answer as an effective rate.) Answer = percent

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