Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $63 annual coupon and have a 18 yearmaturity, but they can be called in 3 years at $1, 150. What is their yield to call ( YTC)? a. 5.32% b. 5.94% c. 6.50% d. 4.70% е. 5.05%

Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $63 annual coupon and have a 18 yearmaturity, but they can be called in 3 years at $1, 150. What is their yield to call ( YTC)? a. 5.32% b. 5.94% c. 6.50% d. 4.70% е. 5.05%

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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