Question
The yield to call for a bond is currently 7.72%. The bond matures in 10 years and is callable in 6 years. The call premium
The yield to call for a bond is currently 7.72%. The bond matures in 10 years and is callable in 6 years. The call premium for the bond is $119 and the bond pays coupons at 4.9% compounded semiannually. What is the price for the bond?
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Build An Online Retail System For Under $150
Authors: Roger Butterworth
1st Edition
1530170044, 978-1530170043
