Question: Quantitative Problemi Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupan rate of 7.50 with semiannual payments of 538
Quantitative Problemi Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupan rate of 7.50 with semiannual payments of 538 , and a par value of $1,000. The price of each bond in the issue is $1,220.00. The bond issue is callable in 5 years at a call price of $1,076. What it the bond's current yield? Do not round intermediate calculations. Round your answer to two decimal places. What is the bond's nominal annual yield to maturity (rim)? Do not round int [ rmediate calculations. Round your answer to two decimal places. What is the bond's nominal asnuzl peld to call (Irc)? Do not round intermediate calculations. Round your answer to two decimal places.. Assuming interest rates remain at current levels, will the bond iscue be called? The Firm call the bond
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