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H&M has just issued a callable (at par) ten-year, 8% coupon bond with annual coupon payments. The bond can be called at par in one

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H&M has just issued a callable (at par) ten-year, 8% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime data. It has a price of $98 and a face value of $100. What is the bond's yield to maturity and yield to call? The bond's yield to call is The bond's yield to maturity is Now suppose that the coupon payments are made quarterly, where the coupon rate is 8% APR with quarterly compounding. The bond's is

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