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The money management firm HHT Limited is considering investing in callable bonds with a 10 year maturity, a $1,000 par value, a 11% coupon rate,

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The money management firm HHT Limited is considering investing in callable bonds with a 10 year maturity, a $1,000 par value, a 11% coupon rate, that are currently trading at $1,200. The bonds may be called in 5 years at 109% of par value. a. What is the yield to call if they are called in 5 years? (3) What is the yield to maturity? (3) Which yield might HHT Limited expect to earn on these bonds and why? (4) C

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