Question
Consider a 20-year callable annual coupon bond with a face value of $1000 and a coupon rate of 8%. The bonds can be called after
Consider a 20-year callable annual coupon bond with a face value of $1000 and a coupon rate of 8%. The bonds can be called after 5 years for a price of $1030 and is currently selling in the market for $987. Calculate the yield to call.
8.13%
8.06%
8.51%
8.84%
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
