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A firm s bonds have a maturity of 8 years with a $ 1 , 0 0 0 face value, have an 1 1 %
A firms bonds have a maturity of years with a $ face value, have an semiannual coupon, are callable in years at $ and currently sell at a price of $ What are their nominal yield to maturity and their nominal yield to call? What return should investors expect to earn on these bonds?
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