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

Question 11

Multiple Choice

Given the bond described above, if interest were paid semi-annually (rather than annually) and the bond continued to be priced at $917.99, the resulting effective annual yield to maturity would be A) less than 10%. B) more than 10%. C) 10%. 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 $917.99, the resulting effective annual yield to maturity would be


A) less than 10%.
B) more than 10%.
C) 10%.
D) Cannot be determined.

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