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Kimberly-Clark Corp. (KMB) has a 5%2049 bond issue with a YTM of 6.0%. The PG nd KMB bonds are identical in every way, including the
Kimberly-Clark Corp. (KMB) has a 5%2049 bond issue with a YTM of 6.0%. The PG nd KMB bonds are identical in every way, including the Moody's and S\&P ratings, aturity date, and the fact that the respective companies can call them on November 1 , 024 for 102.5. (The bonds were issued on different dates, thus their coupon rates and urrent market prices are the only difference.) Vat is the price for the 2049 KMB bond? Price
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