Meacham Enterprises' semi-annual bonds currently sell for $1,280 and have a per value of $1,000. They pay a $67.5 coupon every s months and have a 15-year maturity, but they can be called in 5 years at $1,150. What is their yild to call OTC

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Meacham Enterprises semi-annual bonds currently sell for $1.280 and have a par value of $1,000. They pay a 567.5 coupon every 6
months and have a 15-year maturity, but they can be called in 5 years at $1,150. What is their yield.o.call(XTC
Edit Format Table
12pt Paragraph
B I UA
16
5
M
M
Transcribed Image Text:Meacham Enterprises semi-annual bonds currently sell for $1.280 and have a par value of $1,000. They pay a 567.5 coupon every 6 months and have a 15-year maturity, but they can be called in 5 years at $1,150. What is their yield.o.call(XTC Edit Format Table 12pt Paragraph B I UA 16 5 M M
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