Lucy5957 Lucy5957

06-12-2022
Business

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a 12% coupon bond, semiannual payments is callable in 6 years. the call price is $1,120; if the bond is selling today for $1,110, what is the yield to call? a) 12.92% b) 10.92% c) 10.86% d) 9% e) none of the above

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