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14 Problem 14-21 10 A 30-year maturity, 7% coupon bond paying coupons semiannually is callable in five years at a call price of $1,010. The
14 Problem 14-21 10 A 30-year maturity, 7% coupon bond paying coupons semiannually is callable in five years at a call price of $1,010. The bond currently sells at a yield to maturity of 6.5% (3.2% per half-year). points a. What is the yield to call annually? (Do not round intermediate calculations. Round your answer to 3 decimal places.) eBook Yield to call Print References b. What is the yield to call annually if the call price is only $960? (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 $1,010, but the bond can be called in two years instead of five years? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Yield to call
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