A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 5 ye

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answerhappygod
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A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 5 ye

Post by answerhappygod »

A firm's bonds have a maturity of 10 years with a $1,000 face
value, have an 11% semiannual coupon, are callable in 5 years at
$1,175.53, and currently sell at a price of $1,314.07. What are
their nominal yield to maturity and their nominal yield to call? Do
not round intermediate calculations. Round your answers to two
decimal places.
YTM: %
YTC: %
What return should investors expect to earn on these bonds?
-Select-
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