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Question 4 (1 point) A firm's bonds have a maturity of 34 years with a $1,000 face value, have a 7% annual coupon rate (semi-annual

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Question 4 (1 point) A firm's bonds have a maturity of 34 years with a $1,000 face value, have a 7% annual coupon rate (semi-annual payments), are callable in 3 years at $1,070, and currently sell at a price of $1,080. a) What is their nominal yield to maturity? b) What is their nominal yield to call? a)6.42%; b)4.14% a)6.42%; b)6.47% a)3.21%; b)2.07% a) 3.21%; b)3.10% a) 6.42%; b)6.20%

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