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In each case, Show your work, 1)Bombs-Away bonds are currently selling at $1,200. Their face value is $1,000, coupon is 11%, and years to maturity
In each case, Show your work,
1)Bombs-Away bonds are currently selling at $1,200. Their face value is $1,000, coupon is 11%, and years to maturity is 10. The bonds are callable in five years, at 109.
What is the yield to maturity?
What is the yield to call if they are called at first opportunity?
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