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Celtic, Inc. has a bond with an 11% APR semi-annual coupon and a yield to maturity (YTM) of 9%.  The bond matures in 20 years but is callable in ten years at a call price of $1,055.

  • What is the bond's yield to call (YTC)?
  • What is the bond's current yield?

Provide all the steps please

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  • Category:- Basic Finance
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