Tipperware, Inc., has issued a 30 year par value bond that is callable in 5 years.If the
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Question:
Tipperware, Inc., has issued a 30 year par value bond that is callable in 5 years.If the coupon rate is 11% per year, but payable at 5.5% semi-annually, what is the bond's yield to call if the yield to maturity is 8% and the call premium is one year's interest?
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