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28 Sep 2019
A 12year bond has a 10% semiannual coupon and a face value of $1,000. The bond has a nominal yield to maturity of 7%. The bond can be called in five years at a call price of $1,050. What is the bond's nominal yield to call?
A 12year bond has a 10% semiannual coupon and a face value of $1,000. The bond has a nominal yield to maturity of 7%. The bond can be called in five years at a call price of $1,050. What is the bond's nominal yield to call?
Jarrod RobelLv2
28 Sep 2019