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The Bright Side company just issued a 15-year, 6% semiannual coupon bond which may be called in 4 years at a call price of$1,030. The
The Bright Side company just issued a 15-year, 6% semiannual coupon bond which may be called in 4 years at a call price of$1,030. The bond currently sells for$1,150. What is the bonds YTM? What is the YTC? (Show your answers to 2 decimal spaces)
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