In: Finance
Zippen Industries 10.750% bonds mature December 12, 2026. The bond is callable December 12, 2022 at 5.125 call premium. The offer on the bond to settle December 12, 2015 is currently 86.374.
calculate The Yield to Maturity?
and the Yield to Call?
Hence, Yield to maturity is 13.16%
Hence, Yield to call is 14.93%
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