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Sadik Inc.s bonds currently sell for $1,140 and have a par value of $1,000. They pay a $150 annual coupon and have a 15-year maturity,
Sadik Inc.s bonds currently sell for $1,140 and have a par value of $1,000. They pay a $150 annual coupon and have a 15-year maturity, but they can be called in 4 years at $1,060. What is their yield to call (YTC)? A. 12.50% B. 11.68% C. 12.85% D. 10.55%
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