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A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in 5 years at a call price of $1,100. The bond currently sells at
A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in 5 years at a call price of $1,100. The bond currently sells at a yield to maturity of 7%.
What is the yield to call is the call price is $1,050?
What is the yield to call if the call price is $1,100 but the bond is callable in 2 years instead of 5?
Please respond with the answers!!
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