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  3. 15. rum cay bank's 10 year, 11% semiannual bond wi

15. Rum Cay Bank's 10 year, 11% semiannual bond with a par value of $1,000...

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15. Rum Cay Bank's 10 year, 11% semiannual bond with a par value of $1,000 was just issued, however it may be called in 4 years at a call price of $1,050. The bond is trading at $1,100. D What is the bond's YTC?* (2 points) Enter your

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