Aspen company non-callable bonds sell for 935 they have a


1. Micron Technology bonds currently sell for $1,225 and have a par value of $1,000. They pay a $105 annual coupon and have a 15 year maturity , but they can be called in 5 years at $1,100. What is their yield to call (YTC). Please round answer 2 decimal places.

2. Aspen Company non-callable bonds sell for $935, They have a 15 year maturity, an annual coupon of $70, and a par value value of $1,000. What is their yield to maturity. Please round your answer two decimal places.

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Financial Management: Aspen company non-callable bonds sell for 935 they have a
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