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Connor is considering the purchase of a 20-year, callable bond with an annual coupon rate of 9.5%, call Price of $1,100 in three years. The
Connor is considering the purchase of a 20-year, callable bond with an annual coupon rate of 9.5%, call Price of $1,100 in three years. The bond has a face value of $1,000, and it makes semiannual interest payments. If the bond is selling at $1,000, what is the Yield to Call?
If you can lay out what the: N, PV, PMT or YTM, and FV is that would great as well.
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