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a. What is the bonds yield to maturity? b. what is the bonds yield to first par call? c. what is the bonds yield to

a. What is the bonds yield to maturity?
b. what is the bonds yield to first par call?
c. what is the bonds yield to put?
d. what is the bonds yield to worst?
image text in transcribed
Consider a 20-year 4.4% coupon bond with $1,000 par selling for $1079 (semi-annual coupons). Suppose that the first par call for this bond is 5 years from now. Assume that the bond is putable at par in 8 years. Assume the call/put dates above are the only ones

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