Question
Can you please help me with this question? What is the Yield-to-Call for the following semiannual pay corporate bond: Annual Coupon of 7%, 20 Years
Can you please help me with this question?
What is the Yield-to-Call for the following semiannual pay corporate bond: Annual Coupon of 7%, 20 Years to Maturity, Current Yield 6%, Current Price (per $1,000) = $1,115.57. The bond is callable after 7 Years at a Price = $1,050. So YTC is closest to:
a)3.79%
b)2.79%
c)5.58%
d)4.38%
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
