Callable bond yields Consider Bond XYZ, which is currently priced at $986.76 and is callable in 2
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Callable bond yields Consider Bond XYZ, which is currently priced at
$986.76 and is callable in 2 years at 102.
It pays a coupon rate of 7.54 % in semiannual coupons. It will expire in 4 years and has face value of $1,000.
What is the bond’s current YTC?
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Related Book For
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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