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Course: Money & Capital Markets Answer ASAP c) A 20-year $1,000 par value bond has a 7% annual coupon. The bond is callable after the

Course: Money & Capital Markets

Answer ASAP

c) A 20-year $1,000 par value bond has a 7% annual coupon. The bond is callable after the 10th year for a call premium of $1,025. What will be the bond's yield to maturity, if the bond is trading with a yield to call of 6.25%

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