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Given a bond with the following features, what is the bond's YTC? Maturity 7 years. Call Date 4 years. Coupon Rate 3% Face Value $1,000
Given a bond with the following features, what is the bond's YTC? Maturity 7 years. Call Date 4 years. Coupon Rate 3% Face Value $1,000 Annual Coupon Call Price $1,050 Price $1,025 2.93% 3.86% 3.51% 3.19%
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