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show excel steps Assume that an investor is looking at two bonds: Bond A is a 30 -year, 10.5% (semiannual pay) bond that is priced

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Assume that an investor is looking at two bonds: Bond A is a 30 -year, 10.5% (semiannual pay) bond that is priced to yield 11%. Bond B is a 30 -year. 9.5% (annual pay) bond that is priced to yield 10%. Both bonds carry 4 -year call deferments and call prices (in 4 years) of $1,055. a. Which bond has the higher current yield? b. Which bond has the higher YTM? c. Which bond has the higher YTC

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