Question: please work answer on paper 4-11 Yield to Call and Realized Rates of Retum Seven years ago, Goodwynn & Wolf Incorporated sold a 20-year bond

please work answer on paper

4-11 Yield to Call and Realized Rates of Retum Seven years ago, Goodwynn & Wolf Incorporated sold a 20-year bond issue with a 14% annual coupon rate and a 9% call premium. Today, G&W called the bonds. The bonds originally were sold at their face value of $1,000. Com- pute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price. 4-11 Yield to Call and Realized Rates of Retum Seven years ago, Goodwynn & Wolf Incorporated sold a 20-year bond issue with a 14% annual coupon rate and a 9% call premium. Today, G&W called the bonds. The bonds originally were sold at their face value of $1,000. Com- pute the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price

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