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eBook Problem 12-07 Assume that you purchased an 9%, 20-year, $1,000 par, semiannual payment bond priced at $1,016.00 when it has 14 years remaining until
eBook Problem 12-07 Assume that you purchased an 9%, 20-year, $1,000 par, semiannual payment bond priced at $1,016.00 when it has 14 years remaining until maturity. Compute: Its promised yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. % annually Its yield to call if the bond is callable in three years with a 12% premium? Do not round intermediate calculations. Round your answer to two decimal places. % annually
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