Ezzell Enterprises callable bonds currently sell for $1,165. They have a 15-year maturity, and can...
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Ezzell Enterprises callable bonds currently sell for $1,165. They have a 15-year maturity, and can be called by paying a premium of 5%, in 10 years.Its annual coupon is $95, and a par value of $1,000. What is their yield to call?
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