Yield to maturity a firms bonds have a maturity of 14 years


Yield to maturity A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 7 years at $1,227, and currently sell at a price of $1,388.96. 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: Yield to maturity a firms bonds have a maturity of 14 years
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