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Company A issued a 15 year bond with 14% semiannual coupon at its par value of $1000. Currently the bond can be called in 4
Company A issued a 15 year bond with 14% semiannual coupon at its par value of $1000. Currently the bond can be called in 4 years at a price of $1075 and it now sells for $1050. What is the bonds yield to call? 6.9% 12.7% 13.80% None of the answers given is correct 8.9%
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