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Please answer question (c) based on the marks (c) Mermaid Berhad has RM1,000 par value with a coupon rate of 8 percent per year semiannually
Please answer question (c) based on the marks
(c) Mermaid Berhad has RM1,000 par value with a coupon rate of 8 percent per year semiannually coupon payments with maturity twenty years. If there are twelve years remaining to its first call and the call price at RM876.40, compute the Yield to Call (YTC) for these bonds Step by Step Solution
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