Problema 12- year bond has a 10 semi-annual coupon and a, Ask an Expert

Accounting

Problem:

A 12- year bond has a 10% semi-annual coupon and a face value of $1000. The bond has a nominal yield to maturity of 7%. The bond can be called in 5 years at a call price of $1050.

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Question: What is the bond's yield to call?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91172446

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