Business, 13.11.2020 16:20 mv603177

XZYY, Inc. currently has an issue of bonds outstanding that will mature in 23 years. The bonds have a face value of $1,000 and a stated annual coupon rate of 13.0% with annual coupon payments. The bond is currently selling for $804. The bonds may be called in 3 years for 113.0% of the par value. What is your expected quoted annual rate of return if you buy the bonds and hold them until maturity

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XZYY, Inc. currently has an issue of bonds outstanding that will mature in 23 years. The bonds have...