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Complete in Excel. Thatcher Corporations bonds will mature in 15 years. The bonds have a face value of $1,000 and an 11% coupon rate, paid
Complete in Excel.
Thatcher Corporations bonds will mature in 15 years. The bonds have a face value of $1,000 and an 11% coupon rate, paid semiannually. The price of the bonds is $1,300. The bonds are callable in 5 years at a call price of $1,200. What is their yield to maturity? What is their yield to call?
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