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YTM, YTC, and Current Yield ABC's bonds have a 5.5% coupon and pay interest semi-annually. The bonds are currently selling for $1,150. The bonds mature
YTM, YTC, and Current Yield
- ABC's bonds have a 5.5% coupon and pay interest semi-annually. The bonds are currently selling for $1,150. The bonds mature in 20 years. The bonds can be called in 8 year for $1,100.
- What is the yield to maturity?
- What is the yield to call?
- What is the current yield?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
