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6. [12 Points] Consider a semiannual-payment coupon bond with a 12-year maturity, a par value of $1,000, a coupon rate of 14%, and a yield

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6. [12 Points] Consider a semiannual-payment coupon bond with a 12-year maturity, a par value of $1,000, a coupon rate of 14%, and a yield to maturity of 8%. Assume the bond can be called in 3 years at $1,200. (a) What is the value of the bond? (b) What is the capital gains yield of the bond? (c) What is the yield to call of the bond

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