Gecko Incorporated bonds have a stated coupon rate of 9% and pay interest on an semi-annual basis. They mature in 8 years and have a par value of $1,000. The market rate of interest is 13%. What is the value of Gecko bonds?

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 $872. Calculate the yield to call.

		9.45%
		11.03%
		8.06%
		8.33%
		12.02%