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A 6.25% 15-year bond, paying interest annually, can be called at 110% of par value in 10 years. The bond currently seels for $1,048. a)
A 6.25% 15-year bond, paying interest annually, can be called at 110% of par value in 10 years. The bond currently seels for $1,048.
a) What is the yeild to maturity?
b) What is the yield to call?
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