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Please give the correct answer and solution. Show the calculation with a financial calculator. You have the following information: 10-year, $1,000 par, 6% coupon bond
Please give the correct answer and solution. Show the calculation with a financial calculator.
You have the following information: 10-year, $1,000 par, 6% coupon bond (coupon paid semiannually), with a current price of 106.25%, the bond is callable in 5 years at a price of 102%.
a. What is the yield to maturity? __ ____
b. What is the yield to call? ____ ______ _______
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