multiple choice answers
a. 6.89%
b. 5.89%
c. 5.18%
d. 6.54%
e. 6.30%
what is the correct answer
Sadik Inc.'s bonds currently sell for $1,270 and have a par value of $1,000/. They pay a $105 annual coupon and have a 15 year maturity, but they can be called in 5 years at $1,000. What is their yield to call (YTC)?
1 answer