Business, 15.08.2020 17:01, alee885

A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. a. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $950.

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A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8...