Question: Convenient Stores has a bond issue with 10 years to maturity and $1,000 face value that pays 8% semi-annually. The bonds are callable in 4
Convenient Stores has a bond issue with 10 years to maturity and $1,000 face value that pays 8% semi-annually. The bonds are callable in 4 years at $1,050. If the bonds currently sell in the market for $1,100, what is the yield-to-call?
6.88%
6.48%
5.20%
6.26%
3.13%
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