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The market price of a semi-annual paty bond is $966.93. It has 20.00 years to maturity and a coupon rate of 5.00%. Par value is

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The market price of a semi-annual paty bond is $966.93. It has 20.00 years to maturity and a coupon rate of 5.00%. Par value is $1,000. What is the effective annual yield? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Bayem Bakers Incorporated issued 25.00-year bonds 6.00 years ago with a coupon rate of 9.50% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. What is the price of the Freiburg bond's today if investors want a 6.00% APR return for bonds of similar risk and maturity? Submit Answer format: Currency: Round to 2 decimal places

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