Circle k stores has a bond issue with 10 years to maturity


Circle K Stores has a bond issue with 10 years to maturity, $1,000 face value, 8% coupon interest compounded semiannually, that are callable in 5 years at $1050. The bonds currently sell in the market for $1,100. What is the yield to maturity?

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Financial Management: Circle k stores has a bond issue with 10 years to maturity
Reference No:- TGS01567529

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