Question
General Electric has just issued a callable (at par) 10-year, 6.4% 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, 6.4% 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 $102.17. 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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Carbon Markets Or Climate Finance?
Authors: Axel Michaelowa
1st Edition
0415743435, 978-0415743433
