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Click here to read the eBook: Bond Yields Click here to read the eBook: Bonds with Semiannual Coupons YIELD TO MATURITY A firm's bonds have
Click here to read the eBook: Bond Yields Click here to read the eBook: Bonds with Semiannual Coupons YIELD TO MATURITY A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 6 years at $1,069, and currently sell at a price of $1,129.02 a. What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. 6.44 % b. What is their nominal yield to call? Do not round intermediate calculations. Round your answer to two decimal places. 0
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