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A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at

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A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at $1,066,46, and currently sell at a price of 51,125.09. What is their nominal yleld to maturity? Do not round intermediate calculations, Round your answer to two decimal places. % What is their nominal yleld to call? Do not round intermediate calculations. Round your answer to two decimal places. What return should investors expect to earn on these bonds? 1. Investors would expect the bonds to be called and to earn the YTC because the YTC is greater than the YTM. II. Investors would not expect the bonds to be called and to earn the VTM because the YTM is greater than the Yrc. II. Investors would not expect the bond's to be called and to earn the VTM because the YTM is less than the YTC. IV. Investors would expect the bonds to be called and to earn the YTC because the YrC is less than the YTM. . Investors would expect the bonds to be called and to earn the YTC because the YTM is less than the YTC

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