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General Electric has just issued a callable (at par) 10-year, 6.5% 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, 6.5% 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 $101.64.
a.What is the bond's yield to maturity? ____%? (round to 2 decimal places)
b. What is its yield to call? _____%? (round to 2 decimal place)
c. What is its yield to worst? _____%? (round to 2 decimal places)
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