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A bond with 5 years remaining until maturity is currently trading for 101 per 100 of par value. The bond offers a 6% coupon rate
A bond with 5 years remaining until maturity is currently trading for 101 per 100 of par value. The bond offers a 6% coupon rate with interest paid semiannually . The bond is first callable in 3 years, and is callable after that date on coupon dates according to the following schedule: End of Year Call Price 102 3 4 101 5 100 27. The bond's annual yield-to-maturity is closest to: A. 2.88%. B. 5.77%. C. 5.94%. 28. The bond's annual yield-to-first-call is closest to: A. 3.12%. B. 6.11%. C. 6.25%. 29. The bond's annual yield-to-second-call is closest to: A. 2.97%. B. 5.72%. C. 5.94%. 30. The bond's yield-to-worst is closest to: A. 2.88%. B. 5.77%. C. 6.25%
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