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Need a step by step to understand. Jill has a 30-year bond that has a 6%...

Need a step by step to understand.

Jill has a 30-year bond that has a 6% coupon rate that would pay interest in a semiannual method. It is trading with a yield-to-maturity of 5%. The bond will become callable in 4 years at a price of $1,150.

a) Now what would be the current price of the bond?

b) Finally, what would be the bonds yield-to-call?

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b)

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