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A bond has a $1,000 face value, a coupon rate of 6% paid semi-annually, and a maturity of 20 years. This bond is callable in
A bond has a $1,000 face value, a coupon rate of 6% paid semi-annually, and a maturity of 20 years. This bond is callable in 5 years with a call price of $986.18. What is the yield to call?
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
