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Chapter 7 6. A firm's bonds have a maturity of 8 years with a $1,000 par value, have an 11% coupon rate, are callable in

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Chapter 7 6. A firm's bonds have a maturity of 8 years with a $1,000 par value, have an 11% coupon rate, are callable in 4 years at $1,154 and currently sell at a price of $1,283.09. Suppose the coupon payments are made quarterly. a) What is the yield to maturity? N=Yieldtomaturity=I/YR=PMT=FV=PV= b) Read Section 7-2D of our textbook on MindTap, what is a call provision? c) What is the yield to call? N=Yieldtocall=P/YR=PMT=FV=PV=

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