A company issued a 10-year, 3 percent coupon bond is called in three years at a price
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A company issued a 10-year, 3 percent coupon bond is called in three years at a price of $1050. The bond currently sells for $1075. The yield to call is?
Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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