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What is the yield of a semi annual pay 6% coupon, 5 year maturity, $1,000 face value bond trading at a price of $1,025? a)4.21%
What is the yield of a semi annual pay 6% coupon, 5 year maturity, $1,000 face value bond trading at a price of $1,025?
a)4.21%
b)7.35%
c)5.42%
d)3.53%
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
