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Using annual compounding, find the yield-to-maturity for each of the following bonds. a. A(n) 9.5%, 22-year bond priced at $877.36. b. A(n) 17.5%, 24-year bond
Using annual compounding, find the yield-to-maturity for each of the following bonds. a. A(n) 9.5%, 22-year bond priced at $877.36. b. A(n) 17.5%, 24-year bond priced at $1,327.73. c. A(n) 7.5%, 12-year bond priced at $632.08. Now assume that each of the above three bonds is callable as follows: Bond a is callable in 6 years at a call price of $1,180; bond b is callable in 3 years at $1,350; and bond c is callable in 7 years at $1,160. Use annual compounding to find the yield-to-call for each bond. The yield-to-maturity for bond a is%. (Round to two decimal places.) The yield-to-maturity for bond bis ]%. (Round to two decimal places.) The yield-to-maturity for bond is %. (Round to two decimal places.) The yield-to-call for bond a is %. (Round to two decimal places.) The yield-to-call for bond bis %. (Round to two decimal places.) The yield-to-call for bond cis %. (Round to two decimal places.)
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