7. Assume that you purchased an 8 percent, 20-year, $1,000 par, semiannual payment bond priced at $1,012.50 when it has 12 years remaining until maturity. Compute: a. Its promised yield to maturity b....

7. Assume that you purchased an 8 percent, 20-year, $1,000 par, semiannual payment bond<br>priced at $1,012.50 when it has 12 years remaining until maturity. Compute:<br>a. Its promised yield to maturity<br>b. Its yield to call if the bond is callable in three years with an 8 percent premium<br>

Extracted text: 7. Assume that you purchased an 8 percent, 20-year, $1,000 par, semiannual payment bond priced at $1,012.50 when it has 12 years remaining until maturity. Compute: a. Its promised yield to maturity b. Its yield to call if the bond is callable in three years with an 8 percent premium

Jun 07, 2022

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7. Assume that you purchased an 8 percent, 20-year, $1,000 par, semiannual payment bond priced at $1,012.50 when it has 12 years remaining until maturity. Compute: a. Its promised yield to maturity b....

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