A firms bonds have a maturity of 12 years with a 1000 face, Ask an Expert

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A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,199, and currently sell at a price of $1,348.76.

What is their nominal yield to maturity? Round your answer to two decimal places.

What is their nominal yield to call? Round your answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92392419

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