There are two 20-year bonds. The coupon is paid semiannually and redeemed at face value at the same yield. The first bond has a face value of $500 and a coupon of $45. The second bond has a face value of $1,000 and a coupon of $30. We know that the first bond is twice the discount of the second bond. Calculate the semiannual nominal yield of the two bonds.
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