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their nominal yield to call? Do not round intermediate calculations. Round your answers to two decimal places. YTM: % What return should investors expect to
their nominal yield to call? Do not round intermediate calculations. Round your answers to two decimal places. YTM: % What return should investors expect to earn on these bonds? I. Investors would expect the bonds to be called and to earn the YTC because the YTC is less than the YTM. II. Investors would expect the bonds to be called and to earn the YTC because the YTC is greater than the YTM. III. Investors would not expect the bonds to be called and to earn the YTM because the YTM is greater than the YTC. IV. Investors would not expect the bonds to be called and to earn the YTM because the YTM is less than the YTC
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