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Intro A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000 and a coupon rate of 3.9%.
Intro A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000 and a coupon rate of 3.9%. The bond's current price is $1,007.31. It is callable at a call price of $1,050 in one year. Part 1 What is the bond's yield to maturity? 4+ decimals Submit Attempt 1/10 for 10 pts.
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