An 8%, 10-year bond is callable in 2 years at a call price of $1,080. The bond

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An 8%, 10-year bond is callable in 2 years at a call price of $1,080. The bond is currently priced in the market at $888.89. What is the issue’s current yield?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

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

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Question Posted: Apr 28, 2015 03:44 AM

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An 8%, 10-year bond is callable in 2 years at a call price of $1,080. The bond

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Fundamentals of Investing

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