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Hacker Software has 6.2 percent coupon bonds on the market with 9 years to maturity and face value of $1,000. The bonds make semiannual payments
Hacker Software has 6.2 percent coupon bonds on the market with 9 years to maturity and face value of $1,000. The bonds make semiannual payments and currently sell for $1,050. What is the YTM of the bond? If the bond is callable after 4 years at $1,050, what is the yield to call of the bond?
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