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17. Tyson, Inc. issued a 20-year bond which is callable in 13 years. It has a coupon rate of 8.25% payable semiannually and has
17. Tyson, Inc. issued a 20-year bond which is callable in 13 years. It has a coupon rate of 8.25% payable semiannually and has a call premium of $120. What is the yield to call to the investor if the investor purchases the bond at the price quoted at 91.8 in the financial press? (The face value of the bond is $1000.) a. 9.86%. b. 9.35%. c. 9.07%. d. 9.15%. ni.
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
