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A firmis hoodr hatre a maturty of 12 yeams whin a 51,000 face value, have an 8% semiannual coupon, are calloble in 6 years at

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A firmis hoodr hatre a maturty of 12 yeams whin a 51,000 face value, have an 8% semiannual coupon, are calloble in 6 years at 51,060,25, and currenth seil at a price of 51,114.25. Whut are thei nemisal yeld to makizty and ther nominal yeld to cail? Do coh round intermedhate cakculations. Found your anwerers to tase decamal places. ric What teturn should ievectois opect to earn on these bonds? 1. Ieventar woud not expect the bonds wi be called and to eam the YTM bectuse the YTM in less than the YIC. T. leswotors wouls rotat the bonds to te called and to eain the YrC hecaune the VTC is lew itan she YIM

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