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A bond is selling for $1,248.49, has a 6.6% annual coupon rate, 20 years left until maturity, and a $1,000 par value. It has a
A bond is selling for $1,248.49, has a 6.6% annual coupon rate, 20 years left until maturity, and a $1,000 par value. It has a call provision allowing the issuing firm to call the firm back in 7 years. To do so, they must pay a 15% premium to par value. What is the bond's Yield to Call
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
