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A 3 0 - year maturity, 7 % coupon bond paying coupons semiannually is callable in five years at a call price of $ 1
A year maturity, coupon bond paying coupons semiannually is callable in five 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 annually?
b What is the yield to call annually if the call price is only $
c What is the yield to call annually if the call price is $ but the bend can be called in two years instead of five years?
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What is the yield to call annually?
Note: Do not round intermediate calculations. Round your answer to decimal places.
Yield to call
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