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What is the current yield for garvin enterprises

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Problem 1: Garvin Enterprises' bonds currently sell for $1,175. They have a 6-year maturity, an annual coupon of $95, and a par value of $1,000. What is their current yield?

Problem 2: Sadik Inc.'s bonds currently sell for $1,250 and have a par value of $1,000. They pay a $115 annual coupon and have a 15-year maturity, but they can be called in 4 years at $1,115. What is their yield to call (YTC)?

Problem 3: Moerdyk Corporation's bonds have a 15-year maturity, a 5.25% coupon rate with interest paid semiannually, and a par value of $1,000. The nominal required rate of return on these bonds is 6.75%. What is the bond's intrinsic value?

Reference no: EM132702051

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