Question
A 7.3%, 22-year callable bond is selling at a quote of 89.03. The bond has a deferred call provision for 4 years and a call
A 7.3%, 22-year callable bond is selling at a quote of 89.03. The bond has a deferred call provision for 4 years and a call premium of $80. Calculate the yield to maturity and yield to call on this bond.
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The Complete Guide To Capital Markets For Quantitative Professionals
Authors: Alex Kuznetsov
1st Edition
0071468293, 978-0071468299
