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Oriole, Inc, has bonds outstanding that will mature in eight years. The bonds have a face value of $1,000. These bonds pay interest. semiannually and
Oriole, Inc, has bonds outstanding that will mature in eight years. The bonds have a face value of $1,000. These bonds pay interest. semiannually and have a coupon rate of 4.6 percent. If the bonds are currently selting at $899.92, what is the yield to maturity that an investor who buys them today con expect to earn? (Round answer to 3 decimal place, e.s. 5.275\%) Yield to maturity % What is the effective annual yield? (Round answer to 3 decimal places, e.g. 5.275\%) Effective annual yield \%
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