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9. Sneaky Pete Investments issued a 10-year series of bonds at an initial price of $1000 with an annual coupon rate of 6%. One

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9. Sneaky Pete Investments issued a 10-year series of bonds at an initial price of $1000 with an annual coupon rate of 6%. One (1) year after issuing the current price of the bond is $1200. The bonds are also callable at the end of five (5) years @ $1060. If you bought the bond 1 year after Issuing, and interest rates remain stable, what is ADMN 3116A Page 7 of 11 I Final Fall 2022 RO Note: you do not need to use the "Yield" function to solve this problem. a) the yield to call? Answer: b) the yield to maturity? Answer: c) will Sneaky Pete Investments likely call the bond at the end of year 5? Answer:

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