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Business, 23.02.2022 20:30 kim95207

Keenan industries has a bond outstanding with 15 years to maturity, an 8. 25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6. 50% nominal yield to maturity, but it can be called in 6 years at a price of $1,085. What is the bond’s nominal yield to call?.

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Keenan industries has a bond outstanding with 15 years to maturity, an 8. 25% nominal coupon, semian...
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