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Problem 7.04 crield to Maturity? 40 Qurntin 13+17 Check My Wiokk (9 reminiting) 6.636 +4 A fim s bonde have a maturity of 12 years

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Problem 7.04 crield to Maturity? 40 Qurntin 13+17 Check My Wiokk (9 reminiting) 6.636 +4 A fim s bonde have a maturity of 12 years with a $1,000 face value, have an g\%. Semiannual coupon. are callable in 6 years at $1.062.10, and currently sel at a price of $1,117,63. What is their nominal yleld to maturity? Do not round inkemediate calculations. Round your answer to two dacimal plachs. What is theit nom nal yield to calli Do not round intermediate calculations. Round your answer to two decimie claces. What retum should investors expect to earn on these bonds? 1. Tivesters would not expect the bonds to be catied and to earn the rmM becsuse the YTM Is lesar than toe yre. It tryestors would expect the bonds to be called and to nam the yre becaure the YTC is leas than roe rats. III. Inveators would expiect the bonds to be called and to eam the YTC becaufe the YMM Is less than tha YTC. TV investers would expect the bonds to be called and to eam the Yrc because the ric is greater than the frat. Problem 7.04 crield to Maturity? 40 Qurntin 13+17 Check My Wiokk (9 reminiting) 6.636 +4 A fim s bonde have a maturity of 12 years with a $1,000 face value, have an g\%. Semiannual coupon. are callable in 6 years at $1.062.10, and currently sel at a price of $1,117,63. What is their nominal yleld to maturity? Do not round inkemediate calculations. Round your answer to two dacimal plachs. What is theit nom nal yield to calli Do not round intermediate calculations. Round your answer to two decimie claces. What retum should investors expect to earn on these bonds? 1. Tivesters would not expect the bonds to be catied and to earn the rmM becsuse the YTM Is lesar than toe yre. It tryestors would expect the bonds to be called and to nam the yre becaure the YTC is leas than roe rats. III. Inveators would expiect the bonds to be called and to eam the YTC becaufe the YMM Is less than tha YTC. TV investers would expect the bonds to be called and to eam the Yrc because the ric is greater than the frat

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