Compute effective annual rate for a 10-year bond

Reference no: EM133325781

Question: Compute effective annual rate for a 10-year bond with a 0.13 semiannual coupon rate? You can either type the answer as exact number or in percent (e.g., 0.05 and 5% ar the same). Round the final answer to two decimal points.

Reference no: EM133325781

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