The bond has 8 years left to maturity but could be called


Z Corporation has a bond outstanding. It has a coupon rate of 8.0 percent and a $1000 par value. The bond has 8 years left to maturity but could be called after 4 years for $1000 plus a call premium of $40. The bond is selling for $1016. What is the yield to call on the bond?

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Business Economics: The bond has 8 years left to maturity but could be called
Reference No:- TGS02911322

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