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You bought a six - year bond issued by Sheridan Corp. four years ago. At that time, you paid $ 9 7 2 . 3
You bought a sixyear bond issued by Sheridan Corp. four years ago. At that time, you paid $ for the bond. The bond pays a coupon rate of percent, and coupon payments are made semiannually. Currently, the bond is priced at $ What yield can you expect to earn on this bond if you sell it today? Round answer to decimal places, eg
Effective annual yield
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