Question
A bond was issued 10 years ago with a semiannual coupon paying 8%, and it has 10 years until maturity. This bond is callable 5
A bond was issued 10 years ago with a semiannual coupon paying 8%, and it has 10 years until maturity. This bond is callable 5 years from today, for a call price of $1,050. If the yield to maturity is currently 5%, what is the current price of the bond?
A bond was issued 10 years ago with a semiannual coupon paying 7%, and it has 10 years until maturity. This bond is callable 5 years from today, for a call price of $1,050. If the yield to maturity is currently 5%, what is the yield to call?
A bond was issued 10 years ago with a semiannual coupon paying 7.8%, and it has 8 years until maturity. This bond is callable 3 years from today, for a call price of $1,050. If the yield to maturity is currently 5%, what is the current yield?
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