The henderson company’s bonds currently sell for $1,275. they pay
a $120 annual coupon and hav...
![subject](/tpl/images/cats/ekonomika.png)
Business, 15.11.2019 04:31 leannamat2106
The henderson company’s bonds currently sell for $1,275. they pay
a $120 annual coupon and have a 20-year maturity, but they can be
called in 5 years at $1,120. what is their ytm and their ytc, and
which is "more relevant" in the sense that investors should expect to
earn it?
a) 8.99%;
b) 7.31%;
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Answers: 1
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