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PLEASE INCLUDE FORMULAS! THANK YOU! A D E F G H I J K L M N O Q R S 1 Non-Callable Callable 2
PLEASE INCLUDE FORMULAS! THANK YOU!
A D E F G H I J K L M N O Q R S 1 Non-Callable Callable 2 YTM Cash Flows 3.0 3.5 2.5 4.0 4.5 5.0 5.5 6.0 6.5 7.0 3 Coupon 6.33% 4 Par 1,000.00 Purch. 0.5 1.0 1.5 2.0 5 Non-Callable 6 Callable 7 8 9 Notes: 10 The callable bond is callable at the end of year 5 at a price of $989 including coupon 11 The bond price is $832.5000. 12 A D E F G H I J K L M N O Q R S 1 Non-Callable Callable 2 YTM Cash Flows 3.0 3.5 2.5 4.0 4.5 5.0 5.5 6.0 6.5 7.0 3 Coupon 6.33% 4 Par 1,000.00 Purch. 0.5 1.0 1.5 2.0 5 Non-Callable 6 Callable 7 8 9 Notes: 10 The callable bond is callable at the end of year 5 at a price of $989 including coupon 11 The bond price is $832.5000. 12Step by Step Solution
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