Question
Coupon rate =11% Maturity =18 years Par value =$1000 Call schedule for this bond is as follows: Can be called in eight years(first call) at
Coupon rate =11%
Maturity =18 years
Par value =$1000
Call schedule for this bond is as follows:
Can be called in eight years(first call) at $1055
Can be called in 13 years(Only par call) at $1000
Only put date in five years and putable at par value
suppose that the market price for this bond $1169
(a) what is the yield to maturity for this bond?
(b)what is yield to first par call?
(c)what is the yield to put?
(d)that is the yield to first call?
(e)what is the yield to first par call?
(f)what is the yield to worst for this bond assuming there are no other options embedded in it?
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