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 five 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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Related Book For 
Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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