Business
Business, 18.05.2021 18:30, aprilreneeclaroxob0c

A 20-year maturity, 9% coupon bond paying coupons semiannually is callable in five years at a call price of $1,050. The bond currently sells at a yield to maturity of 8.00% (4.00% per half-year). a. What is the yield to call annually

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