Question: Naggpawh fabrics has issued a 30 year par value bond that is callable in 5 years. If the coupon rate is 5.5% payable semi-annually, what
Naggpawh fabrics has issued a 30 year par value bond that is callable in 5 years. If the coupon rate is 5.5% payable semi-annually, what is this bond's yield to call if the yield to maturity is 8% and the call premium is one year's interest (55 dollars)?
12.65%
18.91%
14.42%
10.62%
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