Quigley Inc.'s bonds currently sell for $980 and have a par value of $1,000. Interest...
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Quigley Inc.'s bonds currently sell for $980 and have a par value of $1,000. Interest is paid annually, the coupon rate is 11% and bonds have a 18-year maturity, but they can be called in 4 years at a call price of 1,080. What is their yield to call (YTC)? 15.00% 13.32% 11.26% 12.40%
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