a 5 year, 5% semiannual coupon payment corporate bond is priced at 104.967 per 100...
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a 5 year, 5% semiannual coupon payment corporate bond is priced at 104.967 per 100 of par value. The bonds yield to maturity, quoted on a semiannual bond basis, is 3.897%. An analyst has been asked to convert to a monthly periodicity. Under this conversion, find the yield to maturity. Please show all work and formulas so I can understand
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