Walker industries has a bond outstanding with 12 years to, Ask an Expert

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Walker Industries has a bond outstanding with 12 years to maturity, a 9% coupon paid annually, and a $1,000 par value. The bond has a 7% nominal yield to maturity, but it can be called in 4 years at a price of $1,025. What is the bond’s nominal yield to call.

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Financial Management, Finance

Category:- Financial Management
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