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One year ago Clark Company issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in
One year ago Clark Company issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,070, and it now sells for $1,350.
a. What is the bond's nominal yield to maturity %? Round your answer to two decimal places. b. What is the bond's nominal yield to call %? Round your answer to two decimal places.
c. What is the current yield %?
d. What is the expected capital gains (or loss) yield % for the coming year? Round your answer to two decimal places.
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