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Homework answers / question archive / A $50,00 9% (6 month interest) bond is purchased by a dealer for $51,880

A $50,00 9% (6 month interest) bond is purchased by a dealer for $51,880

Finance

A $50,00 9% (6 month interest) bond is purchased by a dealer for $51,880. What is its yield, if interest is paid 6 monthly?

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