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Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds will mature in 12 years....

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Finance

Yield to Maturity and Call with Semiannual Payments ThatcherCorporation's bonds will mature in 12 years. The bonds have a facevalue of $1,000 and an 11.5% coupon rate, paid semiannually. Theprice of the bonds is $1,050. The bonds are callable in 5 years ata call price of $1,050. Do not round off intermediate. Round youranswers to two decimal places.

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Yield to Maturity and Call with Semiannual Payments ThatcherCorporation's bonds will mature in 12 years. The bonds have a facevalue of $1,000 and an 11.5% coupon rate, paid semiannually. Theprice of the bonds is $1,050. The bonds are callable in 5 years ata call price of $1,050. Do not round off intermediate. Round youranswers to two decimal places.

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