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You purchase a ten-year 1,000 bond with semiannual coupons for 982. The bond has a 1,100 redemption payment at maturity, a nominal coupon rate of 7% for the first five years, and a nominal coupon rate of q% for the final five years. Christie calculated that her annual effective yield for the ten-year period was 7.35%. Find q

User Nkg
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Answer:

ummmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

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