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Question 5 (6 points) DMH Enterprises has outstanding bonds issued 5 years ago with original maturity of 30 years, call protection of 10 years, coupon

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Question 5 (6 points) DMH Enterprises has outstanding bonds issued 5 years ago with original maturity of 30 years, call protection of 10 years, coupon rate of 4%, par value of $1,000 and call price of $1,150. If the bonds are currently selling for $1,200 what yield should an investor buying the bond today expect to earn? 2.96% 2.54% 3.03% 2.07%

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