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You purchase a bond with a $ 1 0 0 , 0 0 0 face value. The bond has a semi - annual coupon of
You purchase a bond with a $ face value. The bond has a semiannual coupon of $ and a manurity of years. The purchase price of the bond is $
a Calculate the coupon rate.
b Calculate the current yield.
c Calculate the yield to maturity.
Same as above except it can be called any time after years at a call price of $
d Calculate the current yield.
e Calculate the yield to call assuming you expect the bond to be called in years.
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