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Old MathJax webview bonds mature in 10 years. face value of $1000 and a 15% coupon rate paid semianually . bond price is $1495 callable
Old MathJax webview
bonds mature in 10 years. face value of $1000 and a 15% coupon rate paid semianually . bond price is $1495 callable in 4 years. what is the yield to maturity. what is their yield to call. ?
a callable bond can be redeemed earlier by the issuer before it teaches maturity so they can pay off their debt early
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