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Q19 Finance Homework Help. A bond with a face value of $1,000 has a semi-annual payment of $44 and matures in 4 years, 10 months,

Q19 Finance Homework Help.

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A bond with a face value of $1,000 has a semi-annual payment of $44 and matures in 4 years, 10 months, and 14 days. It is currently selling for $1,021.91. What is the current yield on the bond? Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)

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