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please show work and round correctly thank you If the YTM on a bond is 4.4 %, what will be the periodic rate assuming the
please show work and round correctly thank you
If the YTM on a bond is 4.4 %, what will be the periodic rate assuming the bond is paying coupons semi-annually? (Write this number as a decimal and not as a percentage, e.g. 0.11 not 11%. Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234) Step by Step Solution
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Finance And Financial Markets
Authors: Keith Pilbeam
4th Edition
1137515627, 978-1137515629
