Question
A $1,000,000 corporate bond has a 5.000% semi-annual coupon, a market price of 104.000 , a maturity date of November 15, 2037, a call premium
A $1,000,000 corporate bond has a 5.000% semi-annual coupon, a market price of 104.000 , a maturity date of November 15, 2037,
a call premium of 4%, and a call date of November 15, 2027. What is the Yield-to-Worst and Dv01 to worst for this bond?
Round your yield answer to the nearest 0.001% and the Dv01 to the nearest whole dollar.
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
