A fifteen-year,8 percent, semi-annual pay, coupon bond, is callable in five years at a call price of

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A fifteen-year,8 percent, semi-annual pay, coupon bond, is callable in five years at a call price of $1,080. If the bond is selling for $1,050, what is the Yield to Call (YTC) of the bond?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: May 11, 2024 08:05 AM

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A fifteen-year,8 percent, semi-annual pay, coupon bond, is callable in five years at a call price of

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Principles of Finance

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