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Five years ago Messy House Painting issued a 10 year bond with a $1000 maturity value and a 7.2% coupon rate of interest. Interest is
Five years ago Messy House Painting issued a 10 year bond with a $1000 maturity value and a 7.2% coupon rate of interest. Interest is paid semiannually. The bond is currently selling for $917. What is the bonds yield to maturity? If the bond can be called two years from now for a call price of $1025, what is the bonds yield to call?
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