They pay a dollar100 annual common and have a 15-year
Sommers Co.'s bonds currently sell for dollar1.080 and have a par value of dollar1.000.
They pay a dollar100 annual common and have a 15-year maturity, but they can be called in 5 years at dollar1.125.
What is their yield to maturity?
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sommers cos bonds currently sell for dollar1080 and have a par value of dollar1000they pay a dollar100 annual common
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