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An AT&T bond that matures in 2039 can be called by the end of 2028. The potential call premium is 4.5% of par value. It
An AT&T bond that matures in 2039 can be called by the end of 2028. The potential call premium is 4.5% of par value. It is an annual coupon bond with a coupon rate of 7%. It is selling at 103% of par value at this moment.
What is your yield to call If you choose to invest in this bond right now? (Reminder: 2018 has not passed yet)
Please type your answer as a percentage without the sign (e.g. If your answer is 7.32%, type 7.32).
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