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Two bonds are both redeemable at their par value of $100 in t years. Bond A...

Two bonds are both redeemable at their par value of $100 in t years. Bond A has 3.5% semiannual coupons and cost 88. Bond B has 4% semiannual coupons and cost $92. The bonds are purchased to produce the same yield rate. What is the yield rate per annum convertible semiannually?

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