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A 25-year maturity, 8.1% coupon bond paying coupons semiannually is callable in six years at a call price of $1,105. The bond currently sells at a yield to maturity of 7.1% (3.55% per half-year).
a. What is the yield to call? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Yield to call %
b. What is the yield to call if the call price is only $1,055? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
c. What is the yield to call if the call price is $1,105 but the bond can be called in three years instead of six years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Complete the financial reporting for each period
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The spread in the annual prices of stocks selling for under $10 and the spread in prices of those selling for over $60 are to be compared. The mean price of the stocks selling for under $10 is $7.67 and the standard deviation $1.48. Compute the coeff..
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