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Question 13 A 2.70% coupon bond with 13 years left to maturity can be called in 9 years; The call premium is 1 year of
Question 13
A 2.70% coupon bond with 13 years left to maturity can be called in 9 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $810.85 (Assume interest payments are semiannual) - What is the bond's yield to call?
| 8.33% | ||
| 8.67% | ||
| 11.36% | ||
| 5.38% | ||
| 4.66% | ||
| 5.51% | ||
| 5.64% |
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