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QUESTION 26 You are eyeing an investment in a corporate bond which has a YTM of 7.70%, and a stated rate of interest of 12.36%

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QUESTION 26 You are eyeing an investment in a corporate bond which has a YTM of 7.70%, and a stated rate of interest of 12.36% with a maturity of 100 years. What is the price of this bond? a. $1,604.88 b. $1.604.83 c. $802.72 d. $3,209.23 1 points Save Answer QUESTION 27 A credit card has a rate of 22.00%. What is the Effective Annual Rate (EAR) given monthly compounding? a. 24.36% b. 1.83% c. 124.36% d. 122.12%

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