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QUESTION
5-8 Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1000 and an 8% coupon rate, paid semiannually.
5-8 Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1000 and an 8% coupon rate, paid semiannually. The price of bonds is $1100 the bonds are callable in five years at a call price of $1050. a.What is their yield to maturity? NIPVPMTFVb.What is their yield to call?NIPVPMTFV
