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A firm's bonds have a maturity of 8 years with a $1.000 face 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 face value, have an 11% semiannual coupon, are callable in 4 years at $1.142.41, and currently sell at a price of $1,262.12. What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. 96 What is their nominal yield to call? Do not round Intermediate calculations. Round your answer to the 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 YC because they less than the YTM 11. Investors would expect the bonds to be called and to earn the VTC because they is less than the YTC. Investors would expect the bonds to be called and to earn the YTC because theYTC is greater than the YTM IM. Investors would not expect the bonds to be called and to earn the YTH because they greater than the YTC Investors would not expect the bonds to be called and to earn they because they less than the YTC -Select

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