?A(n) 10.5?%, ?25-year bond has a par value of? $1,000 and a call price of ?$1...

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?A(n) 10.5?%, ?25-year bond has a par value of? $1,000 and acall price of ?$1 comma 125. ?(The bond's first call date is in 5?years.) Coupon payments are made semiannually? (so use semiannualcompounding where? appropriate).
a. Find the current? yield, YTM, and YTC on this? issue, giventhat it is currently being priced in the market at $ 1 comma 250.Which of these 3 yields is the? highest? Which is the? lowest?Which yield would you use to value this? bond? Explain.
b. Repeat the 3 calculations? above, given that the bond isbeing priced at ?$900. Now which yield is the? highest? Which isthe? lowest? Which yield would you use to value this? bond?Explain.
a. If the bond is priced at ?$1,250?, the current yield is _%.?(Round to two decimal? places.)
The annual? yield-to-maturity with semiannual compounding is_%. ?(Round to two decimal? places.)
The annual? yield-to-call with semiannual compounding is _?%.?(Round to two decimal? places.)
Which of these 3 yields is the? highest? Which is the?lowest??
Which yield would you use to value this? bond????(Select thebest answer? below.)
A. It? doesn't matter which yield you use.
B. The? yield-to-call because convention is to use the lowermore conservative measure of yield.
C. The? yield-to-maturity because the bonds may not becalled.
D. The? yield-to-maturity is always used. b. If the bond ispriced at ?$900?, the current yield is nothing?%. ?(Round to twodecimal? places.)
The annual? yield-to-maturity with semiannual compounding is_%. ?(Round to two decimal? places.)
The annual? yield-to-call with semiannual compounding is ___?%.?(Round to two decimal? places.)
Which of these 3 yields is the? highest? Which is the?lowest????(
Which yield would you use to value this? bond????(Select thebest answer? below.)
A. The? yield-to-maturity because the bonds may not becalled.
B. The? yield-to-maturity is always used.
C. It? doesn't matter which yield you use.
D. The? yield-to-maturity because convention is to use the lowerof? yield-to-maturity or? yield-to-call for bonds selling at adiscount.

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?A(n) 10.5?%, ?25-year bond has a par value of? $1,000 and acall price of ?$1 comma 125. ?(The bond's first call date is in 5?years.) Coupon payments are made semiannually? (so use semiannualcompounding where? appropriate).a. Find the current? yield, YTM, and YTC on this? issue, giventhat it is currently being priced in the market at $ 1 comma 250.Which of these 3 yields is the? highest? Which is the? lowest?Which yield would you use to value this? bond? Explain.b. Repeat the 3 calculations? above, given that the bond isbeing priced at ?$900. Now which yield is the? highest? Which isthe? lowest? Which yield would you use to value this? bond?Explain.a. If the bond is priced at ?$1,250?, the current yield is ___%.?(Round to two decimal? places.)The annual? yield-to-maturity with semiannual compounding is___%. ?(Round to two decimal? places.)The annual? yield-to-call with semiannual compounding is ___?%.?(Round to two decimal? places.)Which of these 3 yields is the? highest? Which is the?lowest??Which yield would you use to value this? bond????(Select thebest answer? below.)A. It? doesn't matter which yield you use.B. The? yield-to-call because convention is to use the lowermore conservative measure of yield.C. The? yield-to-maturity because the bonds may not becalled.D. The? yield-to-maturity is always used. b. If the bond ispriced at ?$900?, the current yield is nothing?%. ?(Round to twodecimal? places.)The annual? yield-to-maturity with semiannual compounding is___%. ?(Round to two decimal? places.)The annual? yield-to-call with semiannual compounding is ___?%.?(Round to two decimal? places.)Which of these 3 yields is the? highest? Which is the?lowest????(Which yield would you use to value this? bond????(Select thebest answer? below.)A. The? yield-to-maturity because the bonds may not becalled.B. The? yield-to-maturity is always used.C. It? doesn't matter which yield you use.D. The? yield-to-maturity because convention is to use the lowerof? yield-to-maturity or? yield-to-call for bonds selling at adiscount.