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Sadik Inc.'s bonds currently sell for $1,060 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity,
Sadik Inc.'s bonds currently sell for $1,060 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to call (YTC)? a. 11.25% b. 8.73% c. 8.83% d. 10.52% e. 11.99% 1 points Save Answer
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