A 6 year 1500 par bond with 5 semi-annual coupons is sold
A 6 year 1500 par bond with 5% semi-annual coupons is sold to yield a nominal interest rate f i convertible semi-annually. If the discount for the bond is 150, calculate i.
a 3.5% b 5.7% c 7.1% d 7.5% e 8%
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