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renielle renielle
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A month ago
The market yield rate on a twelve-year 7% annual-pay bond is 6%. The bond is callable in three years and its yield to call is 5.7%. What is the call price of the bond?

▸ 1083.84

▸ 1057.74

▸ 1089.59

▸ 1026.73
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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lampardlampard
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A month ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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this is exactly what I needed
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