2) Howard Hughes Medical Instruments Corp 5 yr callable notes have a coupon of 3 5 , paid semi annually If the current 5yr interest rates on AAA corporate bonds is 3 5 , The Howard Hughes notes a rated AAA a) Find its current price b) If the notes are callable after 3 years at $103 50, calculate the yield to call

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2) Howard Hughes Medical Instruments Corp 5 yr callable notes have a coupon of 3 5 , paid semi annually  If the current 5yr interest rates on AAA corporate bonds is 3 5 , The Howard Hughes notes a rated AAA  a) Find its current price  b) If the notes are callable after 3 years at $103 50, calculate the yield to call

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2) Howard Hughes Medical Instruments Corp 5 yr callable notes have a coupon of 3.5%, paid semi annually. If the current 5yr interest rates on

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