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A semi-annual government bond selling for R937, with a coupon of 5.7% has a YTM of 13.9%. The bond matures in 25 years, but can
A semi-annual government bond selling for R937, with a coupon of 5.7% has a YTM of 13.9%. The bond matures in 25 years, but can be called in 9 years at a call price of R1059. What value do you need to input into your calculator for "N" to calculate Yield to Call? Provide your answer, in years, as a whole number (no decimal places needed)
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