Question
3. A 9.8%, 17-year callable bond has a deferred call provision of 4 years and a call premium of $92. The bond is selling at
3. A 9.8%, 17-year callable bond has a deferred call provision of 4 years and a call premium of $92. The bond is selling at a quote of 91.65. Calculate the bonds current yield, yield to maturity and yield to call.
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
