Problemsadik incs bonds currently sell for 128900 and have, Ask an Expert

Finance

Problem:

Sadik Inc.'s bonds currently sell for $1,289.00 and have a par value of $1000. They pay a $105.00 annual coupon and have a 12-year maturity, but they can be called in 8 years at $1,307.00.

Required:

Question: What is their yield to call?

Note: Please provide equation and explain comprehensively and give step by step solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149349

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