Sadik Inc.'s bonds currently sell for $1,180 and have a face value of $1,000. They pay an
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Sadik Inc.'s bonds currently sell for $1,180 and have a face value of $1,000. They pay an annual coupon of $105 and have a maturity of 15 years, but can be redeemed in 5 years for $1,100. What is your yield to call (YTC)?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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