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Q11. Paris Corporation has a bond outstanding with 10 years to maturity, an 8.00% nominal coupon, semiannual payments, and a $1,000 par value. The bond

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Q11. Paris Corporation has a bond outstanding with 10 years to maturity, an 8.00% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but can be called in 6 years at a price of $1,075. a) What is the bond's current Price and b) What is the nominal yield to call

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