Business, 28.02.2020 03:59 sweetjosie
Sommers Co.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual coupon and have a 10-year maturity, but they can be called in 5 years at $1,125. What is their yield to maturity (YTM)?
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Sommers Co.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual...
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