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Yield To Maturity. A firms bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in
Yield To Maturity. A firms bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,100. What are their nominal yield to maturity and their nominal yield to call? Show detailed calculations
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