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Question 1 5 pts Suppose you are looking to invest in a $1,000 par value semi-annual bond, with an annual coupon rate of 6%,
Question 1 5 pts Suppose you are looking to invest in a $1,000 par value semi-annual bond, with an annual coupon rate of 6%, but pays interest semi-annually. If the bond has 12 year left to maturity and if the bond is quoted at 96, what is the yield-to-maturity of the bond? (Round your answer to 2 decimal point) Next
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
2nd edition
9781118473030, 1118162307, 1118473035, 978-1118162309
