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A 20 year maturity, 95% coupon bond paying coupons semiannually is callable in five years at a call price of $1,150. The bond currently sells
A 20 year maturity, 95% coupon bond paying coupons semiannually is callable in five years at a call price of $1,150. The bond currently sells at a yield to maturity of 7% (3.5% per half-year). 6. What is the yield to call annually? (Do not round Intermediate calculations. Round your answer to 3 decimal places.) Yield to call b. What is the yield to call annually if the call price is only $1,100? (Do not round Intermediate calculations. Round your answer to 3 decimal places.) Yuld to call c. What is the yield to call annually if the call price is $1150, but the bond can be called in two years instead of five years? (Do not round Intermediate calculations. Round your answer to 3 decimal places.) Yield to call
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