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8. There is a callable 12%,15 year bond which is callable at 104 par in 5 years. If the market price is $950, what is

8. There is a callable 12%,15 year bond which is callable at 104 par in 5 years. If the market price is $950, what is the YTC and the YTM? Which is most likely that we, the investor, will make

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