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Suppose a 5% coupon 6-year bond is selling for $105.2877 and is putable in four years at par value. The yield to maturity for this
Suppose a 5% coupon 6-year bond is selling for $105.2877 and is putable in four years at par value. The yield to maturity for this bond is 4%. Determine whether the yield to put is 3.38%, 3.44% or 3.57%.
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