Question
A 7.25 percent coupon bond with 25 years left to maturity can be called in five years. The call premium is one year of coupon
A 7.25 percent coupon bond with 25 years left to maturity can be called in five years. The call premium is one year of coupon payments. It is offered for sale at $1,066.24. What is the yield to call of the bond? (Assume that interest payments are paid semi-annually and par value is $1,000.) need help with future value?
Can you please show what to enter into financial calculator?
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Promoting Microfinance Challenges And Innovations In Developing Countries And Countries In Transition
Authors: R. Manos , J. Gueyie, J. Yaron
1st Edition
1137034904, 1137034912, 9781137034908, 9781137034915
