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PLEASE UES EXCEL TO ANDER THE FOLLOWING QUESTION Yield to maturity: Ruth Hornsby is looking to invest in a three-year bond that pays semiannual coupon

PLEASE UES EXCEL TO ANDER THE FOLLOWING QUESTION Yield to maturity: Ruth Hornsby is looking to invest in a three-year bond that pays semiannual coupon payments at a rate of 5.875 percent. If these bonds have a market price of $981.13, what yield to maturity and effective annual yield can she expect to earn?

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