Question
A 10-year bond with a coupon rate of 7% and par value of $1000 currently has a price of $950. The bond is callable in
A 10-year bond with a coupon rate of 7% and par value of $1000 currently has a price of $950. The bond is callable in 5 years with a call price of $1100. What is the bonds yield to call?
A 20-year bond with a coupon rate of 8% and par value of $1000 currently has a yield to maturity of 6%. The bond is callable in 5 years with a call price of $1100. What is the bonds yield to call?
A zero-coupon bond with 10 years remaining until maturity and a par value of $1000 has a yield to maturity of 10%. What is the bonds price?
(Financial calculator please)
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