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( 2 4 ) Tundra Textiles ( TT ) has $ 1 , 0 0 0 face value, 5 . 2 % coupon rate (
Tundra Textiles TT has $ face value, coupon rate semiannual coupon payments with an original maturity of years. The bonds were issued three years ago and are callable years from the issue date and thereafter on coupon dates for par. The bonds currently sell for $ What is the yield to maturity of the bond, what is the yield to call and what is the yield to worst? Are the bonds likely to be called?
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