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A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in 5 years at a call price of exist1, 020. The bond currently sells
A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in 5 years at a call price of exist1, 020. The bond currently sells at a yield to maturity of 7.5% (3.8% per half-year). a. What is the yield to call annually? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "%" sign in your response.) Yield to call 7.20 % b. What is the yield to call annually if the call price is only exist970? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "%" sign in your response.) Yield to call % c. WI is the yield to call annually if the call price is exist1, 020, but the bond can be called in 2 years hat instead of 5 years? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "%" sign in your response.) Yield to call %
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