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  • 25-01-2024
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Relative to a municipal bond purchased at a discount that is callable at par, place the following yields in the proper order from lowest to highest yield.
1)Current yield
2) Nominal yield
3) Yield to maturity
4) Yield to call
a. I, II, III, IV
b. II, I, III, IV
c. IV, III, I, II
d. II, I, IV, III

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