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Can use BA II but please show what you put in for functions! Finance 788 Ozarks Managed Care Inc. issued some callable bonds 17 years
Can use BA II but please show what you put in for functions!
Finance 788 Ozarks Managed Care Inc. issued some callable bonds 17 years ago with 30 year life at their Ipar value of $1,000. These bonds pays 11% compon, Irate with annual payment. The form just announced that these bonds are being called with #704 call premium. What is the yield to call of these bonds ? Suppose the bond investors paid the par value at the time of issue. - Round to two decimalsStep by Step Solution
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