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FIN - Fooling Company Solution

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Question;Fooling Company has a 13.8 percent callable bond outstanding on the market with 25 years to maturity, call protection for the next 10 years, and a call premium of $25. What is the yield to call (YTC) for this bond if the current price is 110 percent of par value?

 

Paper#49607 | Written in 18-Jul-2015

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