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A ( n ) 9 . 0 % , 2 0 - year bond has a par value of $ 1 , 0 0 0
Anyear bond has a par value of $ and a call price of $The bond's first call date is in years. Coupon payments are made semiannually so use semiannual compounding where appropriate
a Find the current yield, YTM and YTC on this issue, given that it is currently being priced in the market at $ Which of these yields is the highest? Which is the lowest? Which yield would you use to value this bond? Explain.
b Repeat the calculations above, given that the bond is being priced at $ Now which yield is the highest? Which is the lowest? Which yield would you use to value this bond? Explain.
a If the bond is priced at $ the current yield is Round to two decimal placePLEASE DO ALL QAUSTIONS s
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