Question
Chidzhik, Inc., has issued a 30 year par value bond that is callable in 5 years. If the coupon rate is 5.5% payable semi-annually, what
| Chidzhik, Inc., has issued a 30 year par value bond that is callable in 5 years. If the coupon rate is 5.5% payable semi-annually, what is the bonds yield to call if the yield to maturity is 8% and the call premium is $55.00? |
( ) 12.65% ( ) 18.91% ( ) 14.42% ( ) 10.62%
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Probability For Risk Management
Authors: Matthew J. Hassett, Donald G. Stewart
2nd Edition
156698548X, 978-1566985482
