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What is the implied annual yield

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Problem 1: Right now a Government of Canada bond with 10 years to maturity and a 6% coupon paid semi annually settles at $87.60. What is the implied annual yield?

Reference no: EM132957088

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What is the implied annual yield : Right now a Government of Canada bond with 10 years to maturity and a 6% coupon paid semi annually settles at $87.60. What is the implied annual yield?
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