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2. A firm's bonds have a maturity of 10 years with a $1,000 fice value, have a 6% seminnnul sorpen, and currently sell at a

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2. A firm's bonds have a maturity of 10 years with a $1,000 fice value, have a 6% seminnnul sorpen, and currently sell at a price of $1,100. If the bonds are callable in 5 years at $1,030, what are their nominal YTC? 1

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