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Question 3 5 pts Consider an 15 year 12.5 % coupon bond with $ 1,000 par selling for $ 1,013 (semi-annual coupons). $Suppose that the
Question 3 5 pts Consider an 15 year 12.5 % coupon bond with $ 1,000 par selling for $ 1,013 (semi-annual coupons). $Suppose that the first par call for this bond is 5 years from now. Assume that the bond is putable at par in 9 years. $If the call/put dates above are the only ones, what is the bond's yield to worst? NOTICE: Round ALL calculations to 4 decimal places. Only round what you input in the blank to 2 decimal places. If you get 1.2345 then write 1.23. 0.98
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