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A 10 year, 12 semi-annual coupon bond, with a par value of R1 000 may be called in 4 years at price of R1 060.

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A 10 year, \12 semi-annual coupon bond, with a par value of R1 000 may be called in 4 years at price of R1 060. The bond sells for R1 100. (Assume that the bond has just been issued). Page 2 of 3 6.1) What is the bond's YTM? (3) 6.2) What is the bond's current yield? (2) 6.3) What is the bond's capital gain or loss yield? (2) 6.4) what is the bond's YTC? (3)

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