8. A year after the LBO, just after the second payment was made, the convertible debt traded...

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8. A year after the LBO, just after the second payment was made, the convertible debt traded for a price of $950.

a. What was its yield to maturity?

b. What was the yield to call?

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Fundamentals Of Corporate Finance

ISBN: 9780134475561

4th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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