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The current price of a 2 0 - year bond with a 9 % annual coupon rate is $ 9 6 8 . The bond
The current price of a year bond with a annual coupon rate is $ The bond is callable after years with a call price of $ If interest payment is made annually, a what is the bonds yield to maturity? b what is the bonds yield to call?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
