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Business, 17.03.2020 02:00 malikfitzgerald1910

Eades Corp. 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 $1,160.35. However, Eades Corp. 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 Eades Corp.’s bonds?

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Eades Corp. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The...
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