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What is the annual yield of a 9-year, 4.1% annual coupon-paying bond priced today at $1,088? Par is $1,000. 84 X > x B C

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What is the annual yield of a 9-year, 4.1% annual coupon-paying bond priced today at $1,088? Par is $1,000. 84 X > x B C D E 1 S 6.40% 1,000.00 (1.190) 2 Coupon 3 Par 4 Cash Flows: S Purchase price 6 0.5 7 1.0 8 1.5 9 2.0 10 2.5 11 3.0 12 3.5 13 4.0 14 4.5 15 5.0 16 5.5 17 6.0 18 Yield 19 20 21

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