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par value bond with 7% semi-annual coupons is purchased yments are reinveste 6 A 5-year 1,000 in a fund that earns 7.2% convertible semi-annually, what

par value bond with 7% semi-annual coupons is purchased yments are reinveste 6 A 5-year 1,000 in a fund that earns 7.2% convertible semi-annually, what is the annual effective yield on the total investment at the end of the 5-year period

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