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A bond that settles on June 7 , 2 0 2 2 , matures on July 1 , 2 0 4 2 , and may
A bond that settles on June matures on July and may be called at any time after July at a price of The coupon rate on the bond is percent and the price is What are the yield to maturity and yield to call on this bond?
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places. For problems & students will need to use the YIELD function in MS Excel to solve for the YTM and or YTC In that Excel formula, the Redemption amount is the future value of the bond $ for YTM; or the stated price for the YTC; Frequency ; Basis
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