Find the yield to maturity of a coupon rate
Question:
Find the yield to maturity of a 14 percent coupon rate, $1,000 par value bond priced at $1,160 if it has 16 years to maturity. Find the yield to call if the call can be made in four years at a price of $1,080?
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Find the yield to maturity of a 14 percent coupon rate, $1,000 par value bond priced at $1,160 if it has 16 years to maturity.
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