Question
A 3.15% coupon bond with 22 years left to maturity can be called in 18 years; The call premium is 1 year of coupon payments;
A 3.15% coupon bond with 22 years left to maturity can be called in 18 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $880.60 (Assume interest payments are semiannual) - What is the bond's yield to maturity?
1.98%
3.97%
4.54%
7.41%
7.95%
4.09%
3.58%
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Social Finance Shadow Banking During The Global Financial Crisis
Authors: Neil Shenai
1st Edition
3030082318, 978-3030082314
