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A 2 5 - year maturity, 8 . 4 % coupon bond paying coupons semiannually is callable in six years at a call price of
A year maturity, coupon bond paying coupons semiannually is callable in six years at a call price of $ The bond currently
sells at a yield to maturity of per halfyear
Required:
a What is the yield to call?
Note: Do not round intermediate calculations. Round your answer to decimal places.
Yield to call
b What is the yield to call if the call price is only $
Note: Do not round intermediate calculations. Round your answer to decimal places.
Yield to call
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