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A nine-year, monthly coupon bond is selling for $1100. The bond has a face value of $1.000 and a yield to maturity of 7%. What
A nine-year, monthly coupon bond is selling for $1100. The bond has a face value of $1.000 and a yield to maturity of 7%. What is the coupon rate? If this bond is called in year 3 with a call premium of 15%, what is the yield to call? Answers with excel formulas will be appreciated
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