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A bond has 9 years to maturity and a current price of $1014. The coupon rate is 2.5% paid semiannually. the face value is $1000.
A bond has 9 years to maturity and a current price of $1014. The coupon rate is 2.5% paid semiannually. the face value is $1000. The bond is callable and will pay a call premium of $80. What is the bonds YTM?
a)2.433%
b)1.163%
c)3.983%
d)2.327%
e)1.991%
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