Atlantis Fisheries issues zero coupon bonds on the market at a price of $435 per bond....
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Atlantis Fisheries issues zero coupon bonds on the market at a price of $435 per bond. If these bonds are callable in 7 years at a call price of $523, what is their yield to call? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yiold to call Atlantis Fisheries issues zero coupon bonds on the market at a price of $435 per bond. If these bonds are callable in 7 years at a call price of $523, what is their yield to call? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yiold to call
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Answer rating: 100% (QA)
Present ValuePV 435 TIME PERIODT 7 years Let R be rate of i... View the full answer
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Posted Date:
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