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Bookmark A bond that settles on June 7, 2013, matures on July 1, 2033, and may be called at any time after July 1, 2023,
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A bond that settles on June 7, 2013, matures on July 1, 2033, and may be called at any time after July 1, 2023, at a price of 146. The coupon rate on the bond is 6.8 percent and the price is 160.00. What is the yield to maturity and yield to call on this bond?
***YTM is NOT 9.29
***YTC is NOT 3.98
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