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A 7.35% coupon bond with 24 years left to maturity can be called in 12 years. The call premium is 1 year of coupon payments,
"A 7.35% coupon bond with 24 years left to maturity can be called in 12 years. The call premium is 1 year of coupon payments, It is currently offered for sale at $945.00,(Assume interest payments are semiannual) - What is the yield to maturity?" 8.45% 8.07% 7.79% 7.86% 4.04%
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