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Business, 23.07.2021 01:30 Mathcat444
Again, Inc. bonds have a par value of $1,000, a 25 year maturity, and an annual coupon rate of 16.0% with annual coupon payments. The bonds are currently selling for $873. The bonds may be called in 4 years for 116.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible
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Again, Inc. bonds have a par value of $1,000, a 25 year maturity, and an annual coupon rate of 16.0%...
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