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A 1 0 - year, 1 2 % coupon bond has a par value of $ 1 , 0 0 0 and may be called

A 10-year, 12% coupon bond has a par value of $1,000 and may be called in 4 years at a 6% premium. The bond sells for $1,100 now. (Assume that the bond has just been issued.)
a. Calculate the bonds yield to maturity (YTM).
b. Calculate the bonds current yield (CY).
c. Calculate the bonds (expected) capital gains or loss yield (CGY).
d. Calculate the bonds yield to call (YTC)
Wherever appropriate, show the (abbreviated) time line (TL) and use two methods: Numerical Solution (NS; show the expression/equation only) and Financial Calculator Solution (FCS). Use
| and - to make time lines.

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