Question: Suppose that a bond has a yield to call (YTC) equal to 6.5 percent and a yield to maturity (YTM) equal to 6.3 percent. Explain

Suppose that a bond has a yield to call (YTC) equal to 6.5 percent and a yield to (YTM) equal to 6.3 percent. Explain the meanings of these numbers to bond investors.

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