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Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $987. What would be your bond equivalent yield if you

Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $987. What would be your bond equivalent yield if you sold the bond for current market price of $1,057?
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Three years ago you purchased a 8% coupon bond that pays semiannual coupon payments for $987. What would be your bond equivalent yield if you sold the bond for current market price of $1,057

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