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Yield to call. 12. a. Using the facts given in problem 11, what would be the yield to call if the call can be made in four years at a price of $1,080? Use Formula 12–3. b. Explain why the answer is lower in part a than in problem 11. c. Given a call value of $1,080 in four years, is it likely that the bond price would actually get to $1,160 ... ................
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