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For questions, 39-40, use the information in the table below: Bond Price Yield to Maturity/Yield to Call Type Coupon Maturity Callable Payment Frequency 8.0% 3

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For questions, 39-40, use the information in the table below: Bond Price Yield to Maturity/Yield to Call Type Coupon Maturity Callable Payment Frequency 8.0% 3 years Corporate- Yes ? $950 Semi-annual Callable in 2 years @1,025 No 6.0% $1,050 Semi-annual 5 years Municipal ? The bonds pay coupons every 6 months. 39. 8 points. What is the Yield to Call for the corporate bond? (Show work) Discount bond UTM SC

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