What is a bond yield to maturity and yield to call

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Dunlop corporation has just issued a callable (at par) three-year 8% bond with semi-annual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $97. What is a bond’s yield to maturity and yield to call?

A) The yield to Maturity is __%

B) The yield to call is ___%

Reference no: EM131554769

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