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  3. 3. a companys bonds currently sell for $1,200. the

3. A companys bonds currently sell for $1,200. The bonds have a 6-year maturity, a...

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Finance

3. A companys bonds currently sell for $1,200. The bonds have a 6-year maturity, a 6% coupon paid semi-annually, and a par value of $1,000. What is the nominal yield to call (YTC) on these bonds (to one decimal place, e.g., 5.1%)?

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