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Use the information to answer the following questions. A bond with a face value of $1,000 matures in 12 years and has a 9% semiannual

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Use the information to answer the following questions. A bond with a face value of $1,000 matures in 12 years and has a 9% semiannual coupon. The bond has a nominal yield to maturity of 7%, and it can be called in 4 years at a call price of $1,045. Assume equilibrium, what is the price of the bond? Select one: a. $1117.45 b. $1174.00 c. $ 761.25 d. $1160.58 e. $ 863.88 Continued from previous question. What is the bond's nominal yield to call? Select one: a. 5.49% b. 6.61% c. 11.36% d. 5.16% e. 4.23% 10

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