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Business, 01.08.2020 23:01 vannitling12p4w44f

An investor holds a 6% callable bond purchased at 105. If the issuer calls the bond before maturity, the yield to call (YTC) realized by the investor would be A) equal to the yield to maturity (YTM). B) less than the coupon. C) greater than the yield to maturity (YTM). D) greater the current yield (CY).

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An investor holds a 6% callable bond purchased at 105. If the issuer calls the bond before maturity,...
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