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tacobeo tacobeo
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8 months ago
Keenan Industries has a bond outstanding with 18 years to maturity, a 9.5% coupon paid semiannually, and a $1,000 par value. The bond has a 7.2% nominal yield to maturity, but it can be called in 10 years at a price of $1,090. What is the bond’s nominal yield to call?


▸

5.51%



▸

5.70%



▸

6.05%



▸

6.92%

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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chelzchelz
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8 months ago
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tacobeo Author
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8 months ago
This helped my grade so much Perfect
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Brilliant ツ
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Smart ... Thanks!
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