Ouzts Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below: Alter
1 answer:
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Answer:
the yield to call is 9%
Explanation:
The computation of the yield to call is as follows:
Given that
NPER is 10 year
PMT = $100 × 8% = $8
FV = $108
PV = $100
The formula is shown below:
= RATE(NPER,PMT,PV,FV,TYPE)
after applying the above formula, the yield to call is 9%
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
