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please show steps and equations A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in
please show steps and equations
A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon payments. Calculate the yield-to-maturity on an annualized basis (APR). O 10% O 8.21% O 7.21% 0 3.60%Step by Step Solution
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