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Problem 14.12 A 10-year maturity bond with par value of $1,000 makes annual coupon payments at a coupon rate of 10%. Find the bond equivalent

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Problem 14.12 A 10-year maturity bond with par value of $1,000 makes annual coupon payments at a coupon rate of 10%. Find the bond equivalent and effective annual yield to maturity of the bond for the following bond prices (Round your answers to 2 decimal places.) Bond Prices Effective Annual Yield to Maturity a. $ $ Bond Equivalent Annual Yield to Maturity 11 09 10.00% 9.56% b. 930 1,000 1.030 $ $ % 98 % c

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