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  3. the known price in cell e12, that is, closing the

the known price in cell E12, that is, closing the "Gap" to zero. Note that...

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Accounting

the known price in cell E12, that is, closing the "Gap" to zero. Note that you need to make an initial guess on the semi-annual YTM.
Fce value
Coupon rate
Frequency of payments
Time to maturity (years)
Price
Semi-annual period:
\table[[1,2,3,4,5,6,7,8,9,10,11,12,13,14],[,,,,,,,,,,,,,]]
9 Following the previous exercise, calculate the effective annual yield.
Effective annual rate
image

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