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A 3 0 - year - maturity, 7 % coupon bond paying coupons semiannually is callable in five y at a call price of $
A yearmaturity, coupon bond paying coupons semiannually is callable in five y
at a call price of $ The bond currently sells at a yield to maturity of per
year
a What is the yield to call?
b What is the yield to call if the call price is only $
c What is the yield to call if the call price is $ but the bond can be called in two
years instead of five years?
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