10. Yield to Call (LO1, CFA5) For callable bonds, the financial press generally reports either the yield...
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10. Yield to Call (LO1, CFA5) For callable bonds, the financial press generally reports either the yield to maturity or the yield to call. Often yield to call is reported for premium bonds, and yield to maturity is reported for discount bonds. What is the reasoning behind this convention?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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