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A bond maturing in 15 years at a par value of $1,000 has a coupon rate of 7.5% and current market price of $1,145.68. If
A bond maturing in 15 years at a par value of $1,000 has a coupon rate of 7.5% and current market price of $1,145.68. If the bond is callable after 9 years at $1,095, what is the bond's yield to call?
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Global Finance And The Macroeconomy
Authors: A. Makin
1st Edition
0333736982, 978-0333736982
