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Question 5 Assume a $100 face-value bond pays interest of $0.72 every month. Calculate the bond's annual yield. Note: Make sure to round your answer

Question 5 Assume a $100 face-value bond pays interest of $0.72 every month. Calculate the bond's annual yield. Note: Make sure to round your answer and intermediate steps to four decimal places. Enter your answer in percent les 596, but Previous

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