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Stefanle is consideting purchasing a bond with semiannual payments and an annual coupon rate fixed at 6 percent. Its face value of $1.000 is payable

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Stefanle is consideting purchasing a bond with semiannual payments and an annual coupon rate fixed at 6 percent. Its face value of $1.000 is payable in 6 years and the bond trades at $1.072.68. What is the expected annual yleid on the bond? (Use o Finencial colculator/Excel to arrive at the answers, Do not round intermediate calculotions. Round the final answer to 2 decimal places. Submit all calculations on Moodle) Arnual yield on the bond

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