Question
Question 15 A 6.20% coupon bond with 10 years left to maturity can be called in 4 years; The call premium is 1 year of
Question 15
"A 6.20% coupon bond with 10 years left to maturity can be called in 4 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $1,052.82 (Assume interest payments are semiannual) - What is the bond's yield to maturity?"
| 4.99% | ||
| 11.50% | ||
| 11.00% | ||
| 4.73% | ||
| 5.89% | ||
| 2.75% | ||
| 5.51% |
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Personal Financial Literacy
Authors: Joan S. Ryan , Christie Ryan
3rd Edition
1337412686,1305980697
