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2. Thatcher Corporation’s bonds will mature in 20 years. Thebonds have a face value of $1,000 and an 9% coupon rate, paidsemiannually. The price of the bonds is $1,350. The bonds arecallable in 5 years at a call price of $1,250. What is their yieldto maturity? What is their yield to call?

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Jamar Ferry
Jamar FerryLv2
28 Sep 2019

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