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A bond has 12 years to maturity and a current price of $1,360. It pays a semiannual coupon rate of 8.2%. The face value is
A bond has 12 years to maturity and a current price of $1,360. It pays a semiannual coupon rate of 8.2%. The face value is $1,000. The bond is callable and will pay a call premium of $85.a.)What is the bonds YTM?b.)What is the bonds YTC if called 5 years from now?
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