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Business, 12.04.2021 21:00 dpazmembreno

A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 7% (3.5% per half-year). For the auto-grader to read your answer correctly, enter your answer with two decimal points. a. What is the yield to call? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. What is the yield to call if the call price is only $1,050? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
c. What is the yield to call if the call price is $1,100 but the bond can be called in two years instead of five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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