Syke Corp bonds bearing a coupon rate of 8%, pay coupons semiannually, have 10 years remaining to maturity, but callable in 2 years from now at 10% call premium with a par value of $1,000. It is currently priced at $1,105.50 per bond. What is the Syke Corp annual yield to call?
Syke Corp bonds bearing a coupon rate of 8%, pay coupons semiannually,
have 10 years remaining to maturity, but callable in 2 years from now at 10% call premium with a par value of $1,000. It is currently priced at $1,105.50 per bond. What is the Syke Corp annual yield to call?
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The post Syke Corp bonds bearing a coupon rate of 8%, pay coupons semiannually, have 10 years remaining to maturity, but callable in 2 years from now at 10% call premium with a par value of $1,000. It is currently priced at $1,105.50 per bond. What is the Syke Corp annual yield to call? appeared first on Superb Professors.