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help please asap! show work please a&b A 12-year maturity, 7% coupon bond paying quarterly coupons is callable in 5 years at a call price
help please asap! show work please a&b
A 12-year maturity, 7% coupon bond paying quarterly coupons is callable in 5 years at a call price of $1,100. The current YTM is 8% per annum. a. What is the yield to call? b. What is the yield to call if the call price is $1,075 and the bond is called after 7 years instead of 5 years Step by Step Solution
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