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A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 166. The coupon rate on the bond is 7.6 percent and the price is 178.00. What are the yield to maturity and yield to call on this bond? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Yield to maturity Yield to call Answer is not complete. 3.00 X% %

A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 166. The coupon rate on the bond is 7.6 percent and the price is 178.00. What are the yield to maturity and yield to call on this bond? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Yield to maturity Yield to call Answer is not complete. 3.00 X% %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 166. The coupon rate on the bond is 7.6 percent and the price is 178.00. What are the yield to maturity and yield to call on this bond? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Yield to maturity Yield to call Answer is not complete. 3.00 X% %
Transcribed Image Text:A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 166. The coupon rate on the bond is 7.6 percent and the price is 178.00. What are the yield to maturity and yield to call on this bond? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Yield to maturity Yield to call Answer is not complete. 3.00 X% %
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