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A $1,000 face value bond has a coupon rate of 10%. The bond pays coupon semiannually and matures in 20 years. The bond currently sells

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A $1,000 face value bond has a coupon rate of 10%. The bond pays coupon semiannually and matures in 20 years. The bond currently sells for $886. What is the yield to maturity (YTM) of the bond? 11.46% 13% 5.73% 10.31% D Question 2 0.67 pts Lester's Furniture is issuing 20-year, 10% coupon rate callable bonds. The bonds pay coupon semi-annually and have a par value of $1,000. The bonds are callable in 6 years with a call premium of $100. If the yield to call is 11.21%, calculate the price of the bonds. $1000.14 $866.71 $948.16 $628.77

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