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7.3 BOND VALUATION Nungesser Corporation's outstanding bonds have a $1,000 par value a 9% semiannual coupon,8 years to maturity, and an 8.5% YTM What is

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7.3 BOND VALUATION Nungesser Corporation's outstanding bonds have a $1,000 par value a 9% semiannual coupon,8 years to maturity, and an 8.5% YTM What is the bond's price? 7-4 4YIELD TO MATURITY A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,100. What are their nominal yield to maturity and their nominal yield to call? What return should investors expect to earn on these bonds

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