10.Calculate the yield on the following bonds: (LO 4) A. Cost $1,000, semiannual coupon payment...
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10.Calculate the yield on the following bonds: (LO 4) A. Cost $1,000, semiannual coupon payment 3%. Since 3% is semiannual, then double it to get 6% annual yield. Always calculate yield in terms of annual. B. Cost $950, semiannual coupon payment 3%. Since 3% is semiannual, then double it to get 6% annual yield. Always calculate yield in terms of annual
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