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Question 1 5 5 pts Suppose you are considering investing in a $ 1 , 0 0 0 par value, 3 year, 6 % annual
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Suppose you are considering investing in a $ par value, year, annual coupon rate bond, but pays monthly installment. If the current market price of the bond is $ what is the current yield of the bond? Round your answer to two decimal point
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