Business, 30.09.2019 22:30 aliyyahlove
Kempton enterprises has bonds outstanding with a $1,000 face value and 10 years left until maturity. they have an 10% annual coupon payment, and their current price is $1,175. the bonds may be called in 5 years at 109% of face value (call price = $1,090). what is the yield to maturity? round your answer to two decimal places.
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Kempton enterprises has bonds outstanding with a $1,000 face value and 10 years left until maturity....
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