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1. A bond has a flat price of $1020, and it pays semi-annual coupons. The last coupon payment was made 30 days ago and there

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1. A bond has a flat price of $1020, and it pays semi-annual coupons. The last coupon payment was made 30 days ago and there are 184 days between coupon payments. What is the invoice price if the bond has a 6% coupon rate and $1,000 par value? (10 points) 2. A corporate bond has 20 years to maturity, par value of $1,000, and pays interest semiannually. The quoted coupon rate is 8%, and the bond is priced at $950. The bond is callable in 10 years at 105% of par. 1. What is the bond's yield to call? (10 points) 2. What is the bond's yield to maturity? (10 points)

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