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A 8-year, 5.9-percent coupon bond is selling for 106.8 percent of par. What is...

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Accounting

A 8-year, 5.9-percent coupon bond is selling for 106.8 percent of par. What is the bond's market yield if it makes semi-annual coupon payments? (Round answer to 3 decimal places, e.g. 5.795.) Bond's Market Yield Save for Later %
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A 8-year, 5.9-percent coupon bond is selling for 106.8 percent of par. What is the bond's market yield if it makes semi-annual coupon payments? (Round answer to 3 decimal places, e.g. 5.795.)

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