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Today, a DXL 7.6s28 (standard) bond traded. When this bond matures, it matures on this date in (the 13 th ) November. If the bond

Today, a DXL 7.6s28 (standard) bond traded. When this bond matures, it matures on this date in (the

13^th) November. If the bond traded for $1,105.31 today, what is the effective annual yield until maturity? [Hints: How many coupons will be received? Is todays coupon relevant? No Did this

bond trade at a: discount, at par or for a premium?] Please circle one.

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