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A 4 . 4 0 percent coupon municipal bond has 1 0 years left to maturity and has a price quote of 9 7 .
A percent coupon municipal bond has years left to maturity and has a price quote of The bond can be called in four years. The call premium is one year of coupon payments. Assume interest payments are semiannual and a par value of $ Compute the bonds current yield. Do not round intermediate calculations. Round your answer to decimal places. Compute the yield to maturity. Do not round intermediate calculations. Round your answer to decimal places.
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