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Question: 4 rudy sandberg wants to invest in fouryear bonds that...

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4. Rudy Sandberg wants to invest in four-year bonds that are currently priced at $882.14. These bonds have a coupon rate of 5.95 percent and make semiannual coupon payments. What is the current market yield on this bond? (Round answer to 2 decimal places, e.g. 15.25%.)

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