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REVIEW VW 1: CIR Inc has 9 percent coupon bonds on the market that has 12 years left to maturity. If the YTM on these
REVIEW VW 1: CIR Inc has 9 percent coupon bonds on the market that has 12 years left to maturity. If the YTM on these bonds is 10%, what is the current bond price? 2. The company issued 15-year bonds three-year ago at a coupon rate of 8%, if these bonds sell 900$ currently, what is the YTM? 3. The company has a 6% callable bond outstanding on the market with 12 years to maturity. Call protection for the next 3 years, and a call premium 60$. What is the YTC for this bond if the current price is 1050$
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