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2) Clear Company has issued a 6 year bonds, 10% semiannual coupon bond at its par value of $1,000. However, the bond can be called
2) Clear Company has issued a 6 year bonds, 10% semiannual coupon bond at its par value of $1,000. However, the bond can be called in 3 years at a price of $1,100 and it sells at $1,121. a) What are the YTM and YTC on this bond? b) What would be a CY on the bond and Capital gain/loss yield assuming that the bond stays till maturity
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The Little Book Of Market Wizards Lessons From The Greatest Traders
Authors: Jack D. Schwager
1st Edition
1118858697, 978-1118858691
