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There are four investments with comparable risk. Investment APR Compounding EAY 1 10.4% quarterly 2 10.7% annual 3 10.5% semiannual 4 10.1% monthly What is
There are four investments with comparable risk. Investment APR Compounding EAY 1 10.4% quarterly 2 10.7% annual 3 10.5% semiannual 4 10.1% monthly What is the EAY of the most attractive investment? (2pt, Answer format: 14.20, in percent, but include no % symbol, round to 2 digits.) QUESTION 42 Use this information for the following 2 questions. A 20-year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 7%. The bond is currently selling for $830. a) What is the bond equivalent yield to maturity of the bond? (1pt, Answer format: 14.20, in percent, but include no % symbol, round to 2 digits.) QUESTION 43 b) What is the effective annual yield to maturity of the bond? (1pt, Answer format: 14.20, in percent, but include no % symbol, round to 2 digits.)
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