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Verify that the YTC is 6% compounded semiannually: Semiannual interest $40 # of years to maturity...

Verify that the YTC is 6% compounded semiannually: Semiannual interest $40 # of years to maturity = 7 # of years to first call possibility = 3 Par or face $1,000 Call price $1,070 Current bond price $1,112.82

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