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1. Brandon LLC has a 5.2 percent coupon bond with 13 years left to maturity that can be called in 8 years. The call premium
1. Brandon LLC has a 5.2 percent coupon bond with 13 years left to maturity that can be called in 8 years. The call premium is one year of coupon payments. It is offered for sale at $987.35. Calculate the bonds yield to maturity, yield to call, and current yield. Assume semiannual payments and Face Value of $1,000.
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