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Micron Technology's bonds currently sell for $1,280 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity,
Micron Technology's bonds currently sell for $1,280 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to call (YTC)? Your answer should be between 4.56 and 8.32, rounded to 2 decimal places, with no special characters, D Question 10 5 pts Eagle Industries' bonds have a 10-year maturity and a 7.60% coupon paid semiannually. They sell at their $1.000 par value, and are not callable. What is the effective annual rate (EFF%) for these bonds? Recall that EFF%= (1 + (Nominal Rate )] + 1 Your answer should be between 7.20 and 9.12. rounded to 2 decimal places, with no special characters
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