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The market price of a semi-annual pay bond is $982.39. It has 21 years to maturity and an annual coupon rate of 9.20%. The yield-to-maturity
The market price of a semi-annual pay bond is $982.39. It has 21 years to maturity and an annual coupon rate of 9.20%. The yield-to-maturity is %. 1) 9.2130 2) 9.2830 3) 9.3582 4)9.3936 +5) 9.5060
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