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The yield to maturity (Y-T-M) of both bond 1 and bond 2 (rounded to one decimal place ) is 2.4 per year , compounded semiannually.

The yield to maturity (Y-T-M) of both bond 1 and bond 2 (rounded to one decimal place ) is 2.4 per year , compounded semiannually. Both bonds have the same number of years to maturity (rounded to the nearest year). Find the coupon rate for bond 2 using the information below: image text in transcribed
4. The yield to maturity (Y-T-M) of both Bond 1 and Bond 2 (rounded to one decimal place) is 2.4% per year, compounded semi-annually. Both bonds have the same number of years to maturity (rounded to the nearest year). Find the coupon rate for Bond 2 using the information below: Semi-annual Market Bond Face Value coupon rate Price Bond 1 6.015% $1,169.37 $1,000 Bond 2 S1,356.08 $1,000

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