Problem #4: A corporation issues a 20 year bond with the final redemption value equal to the face value of $1000, and semiannual coupons of 10%. However, the bond is callable at the end of 10 years at $1100, and at the end of 15 years at $1040. What is the price of the bond if the investor's yield (the yield-to-worst") is 8%? Problem #4: Answer correct to 2 decimals. Just Save Submit Problem #4 for Grading Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #4 Your Answer: Your Mark: Problem #4: A corporation issues a 20 year bond with the final redemption value equal to the face value of $1000, and semiannual coupons of 10%. However, the bond is callable at the end of 10 years at $1100, and at the end of 15 years at $1040. What is the price of the bond if the investor's yield (the yield-to-worst") is 8%? Problem #4: Answer correct to 2 decimals. Just Save Submit Problem #4 for Grading Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #4 Your Answer: Your Mark