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Three years ago you purchased a 1 2 % coupon bond that pays semiannual coupon payments for $ 9 7 3 . What would be
Three years ago you purchased a coupon bond that pays semiannual coupon payments for $ What would be your bond equivalent yield if you sold the bond for current market price of $
Your bond equivalent yield, if you sold the bond for current market price, is
Round to two decimal places.
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