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Business, 18.02.2020 21:59 Anliz0179

Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?a. 6.39%b. 6.72%c. 7.08%d. 7.45%e. 7.82%

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Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135...
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