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Kempton Enterprises has bonds outstanding with a $ 1 , 0 0 0 face value and 1 0 years left until maturity. They have an
Kempton Enterprises has bonds outstanding with a $ face value and years left until maturity. They have an annual coupon payment, and their current price is $ The bonds may be called in years at of face value Call price $
a What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.
b What is the yield to call if they are called in years? Do not round intermediate calculations. Round your answer to two decimal places.
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