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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Applied Corporate Finance Making Value Enhancing Decisions In The Real World

ISBN: 9783030816308

2nd Edition

Authors: Mark K. Pyles

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Question Posted: Jun 10, 2024 02:21 AM

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Bond yields. Consider a 30-year bond that was issued 14 years ago. The bond is callable in

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Applied Corporate Finance Making Value Enhancing Decisions In The Real World

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