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Consider a bond with $ 1 0 0 face value, a coupon rate of 6 % , and five years to maturity. Assuming semiannual coupon
Consider a bond with $ face value, a coupon rate of and five years to maturity. Assuming semiannual coupon payments and a $ price. Suppose that another call date for that bond is in three years at a call price of $ What is the bond's annual yieldtosecondcall? Hint: Show your calculations
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