Bianca recently bought a bond for $925 that is callable in 6 years at $1175. The bond
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Bianca recently bought a bond for $925 that is callable in 6 years at $1175. The bond matures in 20 years and has a 9% coupon, paid semiannually. What is the yield to call?
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Answer rating: 100% (QA)
To calculate the yield to call YTC of a bond we need to use the bonds cash flows and solve for the d... View the full answer
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