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A 6.35% coupon bond with 19 years left to maturity can be called in 11 years, The call premium is 1 year of coupon payments,
"A 6.35% coupon bond with 19 years left to maturity can be called in 11 years, The call premium is 1 year of coupon payments, It is currently offered for sale at $964.00, (Assume interest payments are semiannual) - What is the yield to maturity ? "
7.22% | ||
6.82% | ||
6.69% | ||
6.61% | ||
3.44% |
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