Question: P 1 0 . 1 * * A 9 % , 2 0 - year bond is callable in 1 2 years at a call

P10.1** A 9%,20-year bond is callable in 12 years at a call price of $1,090. The bond is currently priced in the market at $923.68. What is the issues current yield? P10.2** A certain bond has a current yield of 6.5% and a market price of $846.15. What is the bonds coupon rate?

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