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A 6.50% coupon bond with 16 years left to maturity can be called in 10 years; The call premium is 1 year of coupon payments;
A 6.50% coupon bond with 16 years left to maturity can be called in 10 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $1,099.32 (Assume interest payments are semiannual) - What is the bond's yield to maturity?"
11.62% | ||
11.10% | ||
5.21% | ||
5.91% | ||
2.78% | ||
5.56% | ||
4.98% |
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