Question
Boeing Corporation has just issued a callable (at par) three-year, 5.2% coupon bond with semi-annual coupon payments. The bond can be called at par in
Boeing Corporation has just issued a callable (at par) three-year, 5.2% coupon bond with semi-annual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $99.16.
a. What is the bond's yield to maturity?
b. What is its yield to call?
c. What is its yield to worst?
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Fundamentals Of Investments
Authors: Bradford Jordan, Thomas Miller
4th Edition
0073314978, 9780073314976
