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What would you expect to pay for a 12-year bond with a 5.5% semiannual coupon and yield to maturity of 4.0%? If this bond were
- What would you expect to pay for a 12-year bond with a 5.5% semiannual coupon and yield to maturity of 4.0%? If this bond were callable in 10 years at a price of $1,060, what would the yield to call be?
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