Callable bond. Consider Bond XYZ, which is currently priced at $986.76 and is callable in two years
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Callable bond. Consider Bond XYZ, which is currently priced at $986.76 and is callable in two years at 102.
It pays a coupon rate of 7.54% in semiannual coupons. It will expire in four years and has face value of $1,000.
What is the bond’s current YTC?
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Diksha Bhasin
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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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