7-28 7-30

7-28 y to use Iling issue interest payments are semiannual.) (LG7-6) Yield to Maturity A 4.30 percent coupon bond with 14 years left to maturity is offered for sale at $943.22. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (LG7-6) Yield to Call A 6.75 percent coupon bond with 26 years left te maturity 7-29 7-30 Yield to Call A 5.25 percent coupon bond with 14 years left to maturity can be called in four years. The call premium is one year of coupon pay- ments. It is offered for sale at $1,075.50. What is the yield to call of the bond? (Assume interest payments are semiannual.) (LG7-6)