Question
HD Streaming, Inc. has $40 million in outstanding long-term debt due in 2045*, callable in 2035. The issue pays a 5.75% coupon. * (Assume the
HD Streaming, Inc. has $40 million in outstanding long-term debt due in 2045*, callable in 2035. The issue pays a 5.75% coupon. * (Assume the term is 25 years.)
If the ytm is 5.35% as above, then the market value (rounded to two decimal places in millions of dollars (e.g., $28.62 million) of the company's long-term debt is $______.
If the bond is quoting at 98.25, then the yield to maturity (rounded to two decimal places as a percent) is ________%
If the bond is quoting at 98.25 as above, then the yield to call (rounded to two decimal places) is $________.
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