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12 Problem 14-21 10 points A 15-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,050.
12 Problem 14-21 10 points A 15-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,050. The bond currently sells at a yield to maturity of 7.00% (3.50% per half-year). a. What is the yield to call annually? (Do not round intermediate calculations. Round your answer to 3 decimal places.) eBook Yield to call 5.953 % Print b. What is the yield to call annually if the call price is only $1,000? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to call % c. What is the yield to call annually if the call price is $1,050, but the bond can be called in two years instead of five years? (Negative amounts should be shown with a minus sign. Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to call %
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