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The computation for the yield to call (YTC) is the same as that for the yield to maturity (YTM), except that we substitute the _____
The computation for the yield to call (YTC) is the same as that for the yield to maturity (YTM), except that we substitute the _____ of the bond for the maturity (par) value and _____ for the years to maturity.
market price; the number of years until the bond can be first called
face value; five years
call price; the number of years until the bond can be first called
principal value; 10 years
issue price; the number of years until the bond can be first called
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