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The market price of a semi-annual pay bond is $957.18. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is
The market price of a semi-annual pay bond is $957.18. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the effective annual yield? 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)) Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, semi-annual pay bond that has coupon rate of 8.00%. If the yield to maturity for the bond is 8.36%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has coupon rate of 18.00%. If the yield to maturity for the bond is 18.0%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places. A bank offers 10.00% on savings accounts. What is the effective annual rate if interest is compounded monthly? 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))
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