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ABC Inc. recently issued $1,000 par bonds at a 8.40% coupon rate. The bonds have 18 years to maturity and the current price is $885.
ABC Inc. recently issued $1,000 par bonds at a 8.40% coupon rate. The bonds have 18 years to maturity and the current price is $885. If the call price is $1,080 and the bond can be called in 8 years, what is the yield to call? Assume semi-annual compounding. Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. Question 19 1 pts The coupon rate on a bond is 18.93%. The par value of the bond is $1,000. The bond has a maturity of 27 years. If today's price of the bond is $810.86, what is the current yield? Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. Question 20 1 pts The market interest rate is also called as the: yield to maturity. market price. yield to call. current yield. beta
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