Assume a 10 year bond callable at par in 4 years with a 5
Assume a 10 year bond, callable at par in 4 years, with a 5% coupon and a clean dollar price of $115:
a. Calculate the Yield to Maturity
b. Calculate the Yield to Call
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1 why we cannot use different compounding periods when comparing alternatives in the present or future worth methods
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