A 9%, 20-year bond is callable in 12 years at a call price of $1,090. The bond

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A 9%, 20-year bond is callable in 12 years at a call price of $1,090. The bond is currently priced in the market at $923.68. What is the issue's current yield?

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Fundamentals Of Investing

ISBN: 9780134083308

13th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Dec 15, 2016 09:28 AM

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A 9%, 20-year bond is callable in 12 years at a call price of $1,090. The bond

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Fundamentals Of Investing

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