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A firm's bonds have a maturity of 8 years with a $1,000 toce value, have an 11% semiannual coupon, are callable in 4 years at

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A firm's bonds have a maturity of 8 years with a $1,000 toce value, have an 11% semiannual coupon, are callable in 4 years at $1,143.48, and currendy seil at a price of 51.263,83 What are their nominal yield to maturity and their nominal yield to call Do not round intermediate calculations. found your answers to two decimal places. What retuin should investors expect to earn on these bonds? I. Investors would expect the bonds to be calied and to earn the YTc because the YTc is greater than the rTM. It. Investors would not expect the bonds to be calied and to earn the YTM because the YTM is oreater than the rTc. III. Imvestors would not expect the bonds to be called and to earn the YTM because the YTM is less than the Yrc. IV. Investers would expect the bonds to be called and to earn the rTc because the YTC is less than the YTM

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