Stephanie enterprises has bonds that have a 9 percent


Stephanie Enterprises has bonds that have a 9 percent coupon rate. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000. The price of the bonds are $1,070, and are callable in 5 years with a call price of $1,050 What is the yield to maturity? What is the yield to call?

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Financial Management: Stephanie enterprises has bonds that have a 9 percent
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