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4. ABC Corporations bonds have a $1,000 par value, a 13% semiannual coupon, 14 years to maturity, and an 8% YTM.What is the bonds price?

5. Houston Industrial bonds have a maturity of 7 years with a $1000 face value, have an 9% semiannual coupon, are callable in 3 years at $1,045, and currently sell at a price of $990.

Part A- What is their nominal yield to maturity?

Part B- What is the yield to call?

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