H corporation has a bond outstanding it has a coupon rate


H Corporation has a bond outstanding. It has a coupon rate of 8 percent and a $1000 par value. The bond has 6 years left to maturity but could be called after three years for $1000 plus a call premium of $50. The bond is selling for $1050 what is the yield to call on this bond?

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Finance Basics: H corporation has a bond outstanding it has a coupon rate
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