Semiannually compounded yield

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In February 2009 Treasury 6s of 2026 offered a semiannually compounded yield of 3.5965%. Recognizing that coupons are paid semiannually, calculate the Allen, Franklin; Brealey, Richard A; Myers, Stewart C (2012-07-01).

Principles of Corporate Finance, Concise, 2nd edition (McGraw-Hill/Irwin Series in Finance, Insurance and Real Estate) (Page 70). McGraw-Hill Higher Education -A. Kindle Edition.

Reference no: EM13682562

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