The Providence Redevelopment Agency currently has an A rates municipal bond outstanding, with a coupon rate of

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The Providence Redevelopment Agency currently has an A rates municipal bond outstanding, with a coupon rate of 5.00%, paid semi-annually, due to mature in eight years, and callable in 5 years (at a call price of $1,025). If the bond has a par value of $1,000 and is currently priced at $1,083, calculate:

The bond's current yield
the bond's yield to maturity
The bond's yield to call

Posted Date: May 18, 2024 07:00 AM

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The Providence Redevelopment Agency currently has an A rates municipal bond outstanding, with a coupon rate of

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