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a 21 year bond with a 10.8 percent semiannual coupon and a $1,000 face value has a nominal yield to maturity of 8.8 percent. The
a 21 year bond with a 10.8 percent semiannual coupon and a $1,000 face value has a nominal yield to maturity of 8.8 percent. The bond currently sells for 1,190.02. The bond, which may be called after 6 years, has a nominal yield to call of 8.16% percent. What is the bond's call price? Please show how to calculate in the finance calculator.
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