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Assume ten year bond issued three years ago that is callable at 103 five years after issuance. The annual coupon rate is 6% paid semi-annually.

Assume ten year bond issued three years ago that is callable at 103 five years after issuance. The annual coupon rate is 6% paid semi-annually. It currently trades at a price of 95. What is the yield to call? (Round to the nearest one decimal point and use the % symbol. 9.3% would be the from of a correct answer.)

You are researching a 10-year bond that is priced at 106.874. The coupon rate is 9%. It was issued two years ago at a price equal to par. What is the YTM? (round to the nearest one decimal point and use the % symbol....4.5% or 10.9% would be forms of a correct answer.)

A callable bond has a call price of 103 and a call date of 7 years from date of issuance. It was originally a 10 year bond issued 2 years ago. What will be the n (number of periods) that you will put into your calculator to determine the yield.

Question options:

5

103

32

10

8

64

16

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