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Kennedy Gas Works has bonds that mature in 1 0 years, and have a face value of $ 1 , 0 0 0 . The

Kennedy Gas Works has bonds that mature in 10 years, and have a face value of $1,000. The bonds have a 10 percent quarterly coupon (that is, the nominal coupon rate is 10 percent). The bonds may be called in five years. The bonds have a nominal yield to maturity of 8 percent and a yield to call of 7.5 percent. What is the bonds call price?Kennedy Gas Works has bonds that mature in 10 years, and have a face value of $1,000. The bonds have a 10 percent quarterly coupon (that is, the nominal coupon rate is 10 percent). The bonds may be called in five years. The bonds have a nominal yield to maturity of 8 percent and a yield to call of 7.5 percent. What is the bonds call price?

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