Question
Sadiq inc's bonds currently sell for $1,132.40 and have a par value of $1000. They pay a $ 105.00 annual coupon and have a 12-year
Sadiq inc's bonds currently sell for $1,132.40 and have a par value of $1000. They pay a
$ 105.00 annual coupon and have a 12-year maturity, but they can be called in 8 years at
$ 1,271.00. what is their yield to call (YTC).
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Get StartedRecommended Textbook for
Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
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