Question
When calculating the yield-to-call on a bond, the stream of interest payments is __________ and the par value is replaced by the __________. Group of
When calculating the yield-to-call on a bond, the stream of interest payments is __________ and the par value is replaced by the __________.
Group of answer choices
lengthened to the call period . . . call price.
shortened to the call period . . . call price.
not used in the calculation . . . current market price.
shortened to the call period . . . current market price.
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Roadmap To The Markets
Authors: Tom Busby
1st Edition
0934380856, 978-0934380850
