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A 10 -year, $1000 par value, 5% semi-annual coupon bond has a price of $1200 and it is callable in 4 years at a call
A 10 -year, $1000 par value, 5% semi-annual coupon bond has a price of $1200 and it is callable in 4 years at a call price of $1050.
What is the YTM and YTC?
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