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A 12-year bond with a 10 percent semiannual coupon and a $1,000par value has a nominal yield to maturity of 9 percent. The bond can
A 12-year bond with a 10 percent semiannual coupon and a $1,000par value has a nominal yield to maturity of 9 percent. The bond can be called in five years at a call price of $1,090. what is the bond's nominal yield to call
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Managerial Accounting Decision Making and Performance Management
Authors: Ray Proctor
4th edition
273764489, 978-0273764489
