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Arnot International's bonds have a current market price of $ 1 , 3 5 0 . The bonds have a 1 2 % annual coupon
Arnot International's bonds have a current market price of $ The bonds have a annual coupon payment, a $ face value, and years left until maturity. The bonds may be called in years at of face value call price $
a What is the yield to maturity? Round your answer to two decimal places.
b What is the yield to call if they are called in years? Round your answer to two decimal places
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