Question
A 25-year, 17.00% semiannual coupon bond with a par value of $1,000 may be called in 7 years at a call price of $1,085. The
A 25-year, 17.00% semiannual coupon bond with a par value of $1,000 may be called in 7 years at a call price of $1,085. The bond sells for $1,210.00. Find bond's nominal yield to call. (Assume that the bond has just been issued and has exactly 25 years until maturity.)
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Covered Calls Option Trading Strategy
Authors: Andrew P.C.
1st Edition
1549658697, 978-1549658693
