Question
Determine the yield to call (YTC) for a 4.25% annual bond which matures in 10 years, has a $1,000 face value, is callable in 7
Determine the yield to call (YTC) for a 4.25% annual bond which matures in 10 years, has a $1,000 face value, is callable in 7 years and is selling for $950.
What nuber is in the ??? in this scenario?
| PV | $950.00 |
| NPER | ??? |
| RATE | =RATE(NPER,PMT,PV,FV) |
| PMT | $42.5 |
| FV | $1000 |
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
