Question
A 20-year, 14.85% quarterly coupon bond with a par value of $1,000 may be called in 11 years at a call price of $1,880.65. If
A 20-year, 14.85% quarterly coupon bond with a par value of $1,000 may be called in 11 years at a call price of $1,880.65. If the bond is currently trading at 916.83, the yield to call (YTC) of the bond is closest to
A.
10.00%.
B.
14.45%.
C.
18.22%.
D.
19.15%.
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Pricing Analytics Models And Advanced Quantitative Techniques For Product Pricing
Authors: Walter R. Paczkowski
1st Edition
1138623938, 9781138623934
