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5. A Bond is currently sold at $980, it has 20 years to maturity and 9% coupon rate. The bond will be called in
5. A Bond is currently sold at $980, it has 20 years to maturity and 9% coupon rate. The bond will be called in 5 years, the bond will be called at a premium of $1,050, what is yield to call?
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To calculate the yield to call YTC of a bond we need to determine the interest rate that makes the p...
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
