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A company bond currently sells for 945.25 and have a par value of 1000. The coupon rate is 12.5 with semi annual payments. The maturity
A company bond currently sells for 945.25 and have a par value of 1000. The coupon rate is 12.5 with semi annual payments. The maturity is 14 years, but they can be called in 5 years. What is the yield to call (ytc)?
choices are
A.17.36%
B.14.56%
C. 11.97%
D. 12.48%
E. 15.51%
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