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Nico Corp issued a callable bond which bears a coupon rate of 12%, has 5 years remaining to maturity, and is currently priced at $940

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Nico Corp issued a callable bond which bears a coupon rate of 12%, has 5 years remaining to maturity, and is currently priced at $940 per share If the bond pays coupon yearly. The par value is $1000. - What will be its yield to maturity (YTM)? Demonstrate your calculation by providing the input values and calculated result. N=I/Y=PV=PMT=FV= Compute: Answer: - The bond could be called in 2 years with a call price of $1200. What will be its yield to call (YTC)? N=1/Y=PV=PMT=FV= Compute: _

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