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Q 3 . ( 1 0 points ) Person can purchase for 8 0 0 J D a 1 , 0 0 0 J D

Q3.(10 points)
Person can purchase for 800JD a 1,000JD municipal bond pays 8% semiannually, mature to its face value n=4 years. What will the equivalent rate of interest be? Or what is the bond's "vield to maturity
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