Fin- thatcher corporation’s bonds will mature in 10 years.
3.8. Thatcher Corporation’s bonds will mature in 10 years. The bonds have a facevalue of $1,000 and an 8% coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050. What is their yield to maturity? What is their yield to call? 3.9The Garraty Company has two bond issues outstanding. Both bonds pay […]