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A 7 - year callable bond has a coupon rate of 5 % ( paid semi - annually ) . . . The total term

A 7-year callable bond has a coupon rate of 5%(paid semi-annually)... The total term of the bond is 7 years but the bond is callable in 3 years with a prepayment penalty of 1 year's coupon interest (two semi-annual payments). The bond dealer tells you that the price on this bond is 102.50. Calculate your approximate Yield to
A 7-year callable bond has a coupon rate of 5%(paid semi-annually)... The total term of the bond is 7 vears but the bond is callable in 3 years with a prepayment penalty of 1 year's coupon interest (two semi-annual payments). The bond dealer tells you that the price on this bond is 102.50. Calculate your approximate Yield to Call (YTC) and your approximate YTM..
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