Atlantis Fisheries issues zero coupon bonds on the market at a price of $529 per
ID: 2709047 • Letter: A
Question
Atlantis Fisheries issues zero coupon bonds on the market at a price of $529 per bond. Each bond has a face value of $1,000 payable at maturity in 16 years. It is callable in 8 years at a call price of $650. Using semiannual compounding, what is the yield to call for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Atlantis Fisheries issues zero coupon bonds on the market at a price of $529 per bond. Each bond has a face value of $1,000 payable at maturity in 16 years. It is callable in 8 years at a call price of $650. Using semiannual compounding, what is the yield to call for these bonds? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
Explanation / Answer
Atlantis Fisheries issues zero coupon bonds on the market at a price of $529 per
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