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correct answer 11.76 Image transcription textQuestion 1 O I 1.5 pts Today you purchased a bond for $96382. The bond makes semi-annual couponpayments and has a face value of $100. The bond matures in exactly 7 years. The appropriate yield on thebond is 12.44% pa compounded semi- annually. What is the nominal coupon rate of the bond per … Show more… Show morecorrect answer 11.76 Business Finance FINANCE FINC2011

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