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Business, 09.11.2020 16:40 dheydar9377

Stanley Hart invested in a municipal bond that promised an annual yield of 6.7 percent. The bond pays coupons twice a year. What is the effective annual yield (EAY) on this investment? (Round percentage to two decimal places.) 13.4% 6.81% 6.70% None of the above

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Stanley Hart invested in a municipal bond that promised an annual yield of 6.7 percent. The bond pay...
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