What is the bonds nominal annual yield to call

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Reference no: EM13792313

Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.4% with semi annual payments of $42, and a par value of $1,000. The price of each bond in the issue is $1,240.00. The bond issue is callable in 5 years at a call price of $1,084.

What is the bond's current yield? Round your answer to two decimal places. Do not round intermediate calculations.

What is the bond's nominal annual yield to maturity (YTM)? Round your answer to two decimal places. Do not round intermediate calculations.

What is the bond's nominal annual yield to call (YTC)? Round your answer to two decimal places. Do not round intermediate calculations.

Reference no: EM13792313

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What is the bonds nominal annual yield to call : Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.4% with semi annual payments of $42, and a par value of $1,000. The price of each bond in the issue is $1,240.00. The bond issue is callable in 5 years ..

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