What is the yield to call-palpa electric

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Palpa Electric's bonds will mature in 10 years. The bonds have a face value of Rs.1000 and a coupon rate of 8%, paid semiannually. The price of the bonds is Rs1100. The bonds are callable in 5 years at a call price of Rs1050. What is the yield to call? What does it signify?

Reference no: EM132681727

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