A bond portfolio has a current market value of $230,000,000. Bonds in the portfolio are...
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Finance
A bond portfolio has a current market value of $230,000,000. Bonds in the portfolio are expected to produce semi-annual cash flows of $17,000,000 for the next 10 years. What is the annual bond portfolio equivalent yield?
Round to 3 decimal places.
1.523 is not the correct answer. please provide excel sheet if possible
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