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Business, 08.06.2021 19:00 59279

A company issues a 10-year, callable bond at par with 8% annual coupon payments. The bond can be called at par in one year after issue or any time after that on a coupon payment date. The call price is $108 per $100 of face value. What is the yield to call if this bond is called in one year

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A company issues a 10-year, callable bond at par with 8% annual coupon payments. The bond can be cal...
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