Question: Workshop BBA 308 1. IBM has just issued a callable (at par) 10 year, 6% coupon bond with quarterly coupon payments. The bond can be

Workshop BBA 308 1. IBM has just issued a callable (at par) 10 year, 6% coupon bond with quarterly coupon payments. The bond can be called at par in two year or anytime thereafter on a coupon payment date. It has a price of $97 per $100 face value. What is the bond's yield to maturity? What is the bond's yield to call

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