Bond yields Consider a 30-year bond that was issued 14 years ago. The bond is callable in
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Bond yields Consider a 30-year bond that was issued 14 years ago. The bond is callable in 5 years at 104.
Currently, it is selling at $976.39. The coupon rate is 8.10 %, the face value is $1,000, and coupons are paid semiannually. What is the YTM on this bond?
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Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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