Question: 1 0 - year municipal bond, 4 . 5 % coupon ( annual coupons ) , $ 5 0 0 0 par. Current price: $
year municipal bond, coupon annual coupons $ par. Current price: $
What is the bond's yield to maturity?
If the bond can be called years before maturity at a call price of $ what is the bond's yield to call?
years later, interest rates have fallen, and the bond now trades with a YTM of What's the yield to call?
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