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Ezzell Enterprises' noncallable bonds currently sell for 1, 165. They have a 15-year maturity, a semi-annual coup of 47.50, and a par value of 1.000.
Ezzell Enterprises' noncallable bonds currently sell for 1, 165. They have a 15-year maturity, a semi-annual coup of 47.50, and a par value of 1.000. What is their yield to maturity (YTM)? If the bonds are callable after 5 year for 1, 050 what is the yield to call
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