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YTM and YTC. Consider a 10-year, semiannual-pay 6% bond trading at 102 on January 1, 2014. The bond is callable according to the following schedule:

YTM and YTC. Consider a 10-year, semiannual-pay 6% bond trading at 102 on January 1, 2014. The bond is callable according to the following schedule: Callable at 102 on or after January 1, 2019 Calculate the bonds YTM and YTC.

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