Question
Marcie purchased a callable bond (7%, annual, 20 years maturity) when rates were 8%. The bond can be called after 10 years. What is the
Marcie purchased a callable bond (7%, annual, 20 years maturity) when rates were 8%. The bond can be called after 10 years. What is the yield to call if there is a call premium of one years interest?
| 7% | ||
| 8% | ||
| 8.16% | ||
| 8.99% |
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The Routledge Handbook Of State Owned Enterprises
Authors: Luc Bernier, Massimo Florio, Philippe Bance
1st Edition
1138487694, 978-1138487697
