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30-year bond JJJ was issued 7 years ago with a 7 percent coupon rate paid semi-annually and is currently trading at RM777. The issuer expects
30-year bond JJJ was issued 7 years ago with a 7 percent coupon rate paid semi-annually and is currently trading at RM777. The issuer expects to call back the bond after 17 years from the issued date at RM1770. YTM = \frac{\frac{\left ( Cr X PV ight )}{m} + \frac{\left ( PV - MP ight )}{unknown}}{\frac{\left ( PV + MP ight )}{2}} Find the unknown
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