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3. A 6-year, 12% semiannual coupon bond with a par value of $1,000 may be called in 4 years. The bond's yield to maturity (YTM)
3. A 6-year, 12% semiannual coupon bond with a par value of $1,000 may be called in 4 years. The bond's yield to maturity (YTM) is 10% and Yield to call (YTC) is 12%. (Assume that the bood has just been issued.) (30 POINTS) a. What is the value of bond? b. What is the bood's current yield? c. What is the bond's capital gain or loss yield? d. What is the band's call price
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Proli Footwear Inc An Audit And Fraud Simulation For Team Based Student Learning
Authors: Prof Richard J. Proctor CPA, Prof Patricia M. Poli Phd
2nd Edition
0615455492, 978-0615455495
