Question
A callable bond pays annual interest of $25, has a par value of $1000, matures in 4 years but is callable in 2 years at
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"A callable bond pays annual interest of $25, has a par value of $1000, matures in 4 years but is callable in 2 years at a price of $1100, and has a value today of $1100. The yield to call on this bond is _________. Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05"
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Fundamentals Of Financial Stability Death To Poverty
Authors: Charles Vanderpool
1st Edition
9769677922, 978-9769677920
