Thatcher Corporation's bonds will mature in 10 years. The bonds have a par value of $1,000 and

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Thatcher Corporation's bonds will mature in 10 years. The bonds have a par value of $1,000 and a 12 percent coupon rate, paid semi-annually. The price of the bonds is $950. The bonds are callable in 5 years at a call price of $1,030. What is the annual yield to call?

Posted Date: May 19, 2024 07:09 AM

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Thatcher Corporation's bonds will mature in 10 years. The bonds have a par value of $1,000 and

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