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Given the Bond Described Above, If Interest Were Paid Semi-Annually

Question 57

Multiple Choice

Given the bond described above, if interest were paid semi-annually (rather than annually) , and the bond continued to be priced at $850, the resulting effective annual yield to maturity would be A) less than 12%. B) more than 12%. C) 12%. D) Cannot be determined. Given the bond described above, if interest were paid semi-annually (rather than annually) , and the bond continued to be priced at $850, the resulting effective annual yield to maturity would be


A) less than 12%.
B) more than 12%.
C) 12%.
D) Cannot be determined.

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