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Business, 10.03.2020 01:38 2025batisteajibola

A firm's bonds have a maturity of 10 years with a $1,000 face value, a 9 percent semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,080. What is their yield to maturity

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A firm's bonds have a maturity of 10 years with a $1,000 face value, a 9 percent semiannual coupon,...
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