Question
A 7.05% coupon bond with 27 years left to maturity can be called in 21 years; The call premium is 1 year of coupon payments;
A 7.05% coupon bond with 27 years left to maturity can be called in 21 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $1,184.57 (Assume interest payments are semiannual) - What is the bond's yield to maturity?"
| 5.95% | ||
| 2.85% | ||
| 5.70% | ||
| 5.14% | ||
| 11.82% | ||
| 11.39% | ||
| 5.55% |
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Private Funds Where And How
Authors: Dechert LLP
2018 Edition
152650300X,1526503018
