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the market price is $775 for a 20 year bond (1000 par value) that pays 12 percent annual interest, but makes interest payments on a

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the market price is $775 for a 20 year bond (1000 par value) that pays 12 percent annual interest, but makes interest payments on a semiannual basis ( 6 percent semiannually) what is the bonds yield to maturity?

plase give me steps to follow or how to set up in calculator correctly, thanks!

IN 3310- 11481 Homework: Chapter 9 Homework core: 0 of 1 pl 3 of 7 (3 complete) X similar to) Related to Checkpoint 2) Mild to maturity The market price is STS for a 20-year bond (51.000 per The bonds yold to matury is 706) (Round to two decimal places) that pays 12 percentual interest, but makes interest payments on a semiannual bas percent semiannually) What is the bonds yield to maturity? Enter your own the age box and then click Check

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