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a firm issues an eight-year, 6% semiannual coupon, $1000 par value bond. The bond ca be called in three years at a price of $1060.
a firm issues an eight-year, 6% semiannual coupon, $1000 par value bond. The bond ca be called in three years at a price of $1060. The current price is $940. what is the bonds yield to call?
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
