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Sandhill Corp. has 1 8 - year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 9 . 5 9 5
Sandhill Corp. has year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of percent and a yield to maturity of percent. Assume face value iS $
Compute the current price of bonds. If the bonds can be called in years at a premium of over par value what is the investors Realized yield? If you bought one if these bonds today what is your expected rate of return? Round to decimal
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