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Question 3 1 pts Keystrokes for YTC. Bond valuations can be done several ways and it's most common to use a financial calculator or excel

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Question 3 1 pts Keystrokes for YTC. Bond valuations can be done several ways and it's most common to use a financial calculator or excel spreadsheet. A 10-year bond has an annual coupon rate of 10% that is paid semi-annually in payments of $50 every six months. The bond is callable after five years at a call price of $1200. The keystrokes to determine Yield to Call (YTC) are the following for FV and N (excel calls it FV and nper): 1000:20 1200; 10 1200:20 1000: 50 1000; 10

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