Question: a e Mr. Clark is considering another bond, Bond D. It has a 9% semiannual coupon and a $1,000 face value (.e. It pays a
a e Mr. Clark is considering another bond, Bond D. It has a 9% semiannual coupon and a $1,000 face value (.e. It pays a $45 coupon every 6 months) Band D is scheduled to mature in 8 years and has a price of $1,170. It is also callable in 6 years at a call price of 51,030. 1. What is the bond's nominal yield to maturity? Round your answer to two decimal places 7% 2. What is the bond's nominal yield to call? Round your answer to two decimal places 7.1 %
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