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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%. The
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 $1,014.69. It is callable at a call price of $1,050 in one year.
Attempt 1/1 for 10 pts.
Part 1
What is the bond's yield to maturity?
Attempt 1/1 for 10 pts.
Part 2
What is the bond's yield to call?
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