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A 6.85 percent bond with 27 years left to maturity can be called /ewconnect mhedat on connow /conect htmreturrur 1. httpsAOFS2Fcorrect rnteducaton corrnzFp a am

A 6.85 percent bond with 27 years left to maturity can be called
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/ewconnect mhedat on connow /conect htmreturrur 1. httpsAOFS2Fcorrect rnteducaton corrnzFp a am webu Frder htrn2nr Check my work mode : This shows what is correct or Incorrect for the work you have completed so far. it does not Indle A 6.85 percent coupon bond with 27 years left to maturity con be called in eight years. The call premium is one year of coupon payments. It is offered for sale at $1,096.35. What is the yield to call of the bond? (Assume interest payments are semiannual,) (Round your answer to 2 decimal places) Answer Is complete but not entirely correct. Yield to cal 2500%

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