Question: Now assume the date is October 2 5 , 2 0 2 0 . Assume further that a 1 0 % , 1 5 -

Now assume the date is October 25,2020. Assume further that a 10%,15-year bond was issued on July 1,2020, pays interest semiannually (on January 1 and July 1), and sells for $1,120. Again, it may be called in 4 years from the date of issue at a call price of $1,060. What is the YTM and YTC?

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