JakeIII5164 JakeIII5164

27-04-2024
Chemistry

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A bond with a coupon rate of 5.21% and semiannual coupon payments matures in 13 years. The YTM is 6.40%. What is the effective annual yield?
A. 5.29%
B. 5.98%
C. 6.45%
D. 6.50%

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