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6. A 10 year, 9% semiannual coupon bond with a par value of $1,000 may be called in 5 years at a call price
6. A 10 year, 9% semiannual coupon bond with a par value of $1,000 may be called in 5 years at a call price of $1,075. The bond sells for $1,130. (15) a. What is the bonds yield to maturity? b. What is the bond's current yield? c. What is the bonds capital gain or loss yield? d. What is the bonds yield to call?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
