Atlantis Fisheries issues zero coupon bonds on the market at a price of $430 per bond. These are callable in 12 years at a call price of $603. Using semiannual compounding, what is the percentage yield to call for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Atlantis Fisheries issues zero coupon bonds on the market at a price
of $430 per bond. These are callable in 12 years at a call price of $603. Using semiannual compounding, what is the percentage yield to call for these bonds?
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
 
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The post Atlantis Fisheries issues zero coupon bonds on the market at a price of $430 per bond. These are callable in 12 years at a call price of $603. Using semiannual compounding, what is the percentage yield to call for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) appeared first on Superb Professors.

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