Question
Sadik Inc.'s bonds currently sell for $1,180 and have a face value of $1,000. They pay an annual coupon of $105 and have a maturity
Sadik Inc.'s bonds currently sell for $1,180 and have a face value of $1,000. They pay an annual coupon of $105 and have a maturity of 15 years, but can be redeemed in 5 years for $1,100. What is your yield to call (YTC)?
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The yield to call YTC of Sadik Incs bonds is 663 Calculation Price 1180 Fac...
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
