Business, 30.05.2020 22:00 GravityShifter13
Assume a bond has a face value of $1,000, coupon rate of 7%, maturity of 9 years, and can currently be purchased in the market at a price of $1,099. The bond can be called after 5 years, and in that case the call premium paid would be $50. Which is bigger, YTM or YTC? Use two decimals in your calculations for your comparison.
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Assume a bond has a face value of $1,000, coupon rate of 7%, maturity of 9 years, and can currently...
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