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General Electric has just issued a callable (at par) 10-year, 5.7% coupon bond with annual coupon payments. The bond can be called at par in
General Electric has just issued a callable (at par) 10-year, 5.7% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $102.05. (ROUND ALL ANSWERS TO THREE DECIMAL PLACES)
a) What is the bond's yield to maturity?
b) What is its yield to call?
c) What is its yield to worst?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
