General Electric has just issued a callable (at par) 10-year, 6.2% coupon bond with annual coupon payments.

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General Electric has just issued a callable (at par) 10-year, 6.2% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $101.74.

a. What is the bond’s yield to maturity?

b. What is its yield to call?

c. What is its yield to worst?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 21, 2024 10:00 AM

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General Electric has just issued a callable (at par) 10-year, 6.2% coupon bond with annual coupon payments.

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General Electric Bond Analysis a Yield to Maturity YTM We can use a financial calculator or spreadsh...View the full answer

Fundamentals Of Corporate Finance

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