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 6months and have a 15-year maturity, but they can be called in 5 years at $1,150. What is their yield.o.call(XTCEdit Format Table12pt ParagraphB I UA165MM

Compound = Semiannually = 2Face Value = fv = $1000Coupon Payment = pmt = $67.5Time for Called = nper…

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

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

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

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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