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2. A 30-year maturity, 10% coupon bond paying coupons semiannually is callable in 15 years at a call price of $1,150. The bond currently sells
2. A 30-year maturity, 10% coupon bond paying coupons semiannually is callable in 15 years at a call price of $1,150. The bond currently sells at a yield to maturity of 8% (4% per half-year). a. What is the yield to call? b. What is the yield to call if the call price is only $1,100? c. What is the yield to call if the call price is $1,100, but the bond can be called in 10 years instead of 15 years
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