Dunlop corporation has just issued a callable at par, Ask an Expert

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Dunlop Corporation has just issued a callable (at par) three-year 4% coupon bond with semi-annual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $99. What is the bond's yield to maturity and yield to call?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93058465

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