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QUESTION 23 Meacham Enterprises bonds currently sell for $1,100 and have a par value of $1,000. They pay a $100 annual coupon and have a
QUESTION 23 Meacham Enterprises bonds currently sell for $1,100 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,075. What is their yield to call (YTC)? 9.88% 8.71% 8.08% 7.84% 7.11% QUESTION 24 Haswell Enterprises' bonds have a 25-year maturity, a 8.00% semiannual coupon, and a par value of $1,000. The going interest rate is 6.50%, based on semiannual compounding. What is the bond price? $1.063.62 $1,080.29 $1.118.31 $1.125.51 O$1.184.14 Click Save and Submit to save and submit. Click Save All Answers to see all SPOTS 4 points 4 points Sa
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