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8. Why would a firm wish to call a bond before its maturity date? 9. BCD's is about to issue a series of $1,000 par

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8. Why would a firm wish to call a bond before its maturity date? 9. BCD's is about to issue a series of $1,000 par value bonds at a price of $777.50. The coupon rate is 10% per annum, paid annually. The bonds will mature in ten years. Calculate the current yield and yield to maturity? 10. CPD's bonds have 18 years remaining to maturity. Interest of $85 is paid annually, and the bonds have a $1,000 par value. The bonds sell at a price of $885. What is the current yield and yield to maturity

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