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1) On Aug 15th, 2016, you are offered the following bond: Face value $250 (par value) Coupon rate 7% Coupon frequency semiannual (8/15 & 2/15)

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1) On Aug 15th, 2016, you are offered the following bond: Face value $250 (par value) Coupon rate 7% Coupon frequency semiannual (8/15 & 2/15) Maturity date Aug 15, 2058 First call date February 15, 2027 Call premium 3% of the face value Bond current market price $300 a. Calculate the yield to maturity. b. What is the current yield? c. Calculate Yield to Call

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