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Cumenty, Bruner inc.'s bonds ell tor $1,250. They pay a $120 annual coupon, have a 15-year that no costs other than the call premium would

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Cumenty, Bruner inc.'s bonds ell tor $1,250. They pay a $120 annual coupon, have a 15-year that no costs other than the call premium would be incurred to call and refund the bonds, evels on into the future. What is the difference between this bond's YTM and its YTC? (Subtract the YTC from the YTM.) 02.11% maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume and also assume that the yield curve is horizontal, with rates expected to remain at current 2.32% 2.55% 2.8096 3.09%

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