Business
Business, 27.02.2020 22:55, fantasticratz2

Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 7 years at $1,050. What is their yield to call (YTC)?

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Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135...

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