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Maxwell Corp. bonds have a maturity of 12 years with a $1,000 face value, have an 9% semiannual coupon, are callable in 4 years at

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Maxwell Corp. bonds have a maturity of 12 years with a $1,000 face value, have an 9% semiannual coupon, are callable in 4 years at $1,040, and currently sell at a price of $1,180. a. What is their nominal yield to maturity (YTM) b. What is their nominal yield to call (YTC)? c. What return should the investor expect to earn on these bonds

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