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Business, 24.07.2020 03:01 smusisca53

Swing Co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value of $1,000, and their current market price is $1,130.35. However, Swing Co. may call the bonds in eight years at a call price of $1,060. What are the YTM and the yield to call (YTC) on Swing Co.’s bonds?

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Swing Co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bo...
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