Question
Dyl Inc.'s bonds currently sell for $810 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity,
Dyl Inc.'s bonds currently sell for $810 and have a par value of $1,000. They pay a $65 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to maturity (YTM)?
Group of answer choices
9.28%
10.78%
7.33%
7.60%
8.83%
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Lending Investments And The Financial Crisis
Authors: Elena Beccalli, Federica Poli
1st Edition
1349564982, 978-1349564989
