Walker industries has a bond outstanding with 12 years to, Financial Management

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Walker industries has a bond outstanding with 12 years to

Walker Industries has a bond outstanding with 12 years to maturity, a 9% coupon paid semiannually, and a $1,000 par value. The bond has a 7% nominal yield to maturity, but it can be called in 3 years at a price of $1,045. What is the bond 's nominal yield to call?

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Financial Management: Walker industries has a bond outstanding with 12 years to

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Financial Management: Walker industries has a bond outstanding with 12 years to

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