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Question 19 (5 points) A bond has an annual coupon of 9%, paid semiannually. This $1,000 par bond currently sells for $1010 and matures in

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Question 19 (5 points) A bond has an annual coupon of 9%, paid semiannually. This $1,000 par bond currently sells for $1010 and matures in 8 years. What is the effective annual yield? Answer in percent to three decimal places. Do not enter the percent sign. Note that this is not the nominal or conventional yield (also referred to as bond equivalent yield). Your

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