Atlantis fisheries issues zero coupon bonds on the market


Atlantis Fisheries issues zero coupon bonds on the market at a price of $468 per bond. These are callable in 5 years at a call price of $570. Using semiannual compounding, what is the yield to call for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Atlantis fisheries issues zero coupon bonds on the market
Reference No:- TGS01558866

Expected delivery within 24 Hours