Atlantis fisheries issues zero coupon bonds on the market, Ask an Expert

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Atlantis Fisheries issues zero coupon bonds on the market at a price of $438 per bond. These are callable in 6 years at a call price of $630. Using semiannual compounding, what is the yield to call for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management, Finance

Category:- Financial Management
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