Discuss yield-to-maturity with semiannual compounding is

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Question: Compute the current yield of? a(n) 9?%, 20?-year bond that is currently priced in the market at $1,225. Use annual compounding to find the promised yield on this bond. Repeat the promised yield? calculation, but this time use semiannual compounding to find? yield-to-maturity.
The? yield-to-maturity with semiannual compounding is ??

Reference no: EM133331545

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