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The folloThe following information relates to the next four questions: A bond with 5 years remaining until maturity is currently trading for 1 0 5

The folloThe following information relates to the next four questions:
A bond with 5 years remaining until maturity is currently trading for 105 per 100 of par value. The bond offers a 6% coupon rate with interest paid semiannually. The bond is first callable in 3 years, and is callable after that date on coupon dates according to the following schedule:
\table[[End of Year,Call Price],[3,103],[4,102],[5,100]]
The bond's annual yield-to-maturity is closest to:
(A)4.86%.
4.98%.
5.23%.wing infThe following information relates to the next four questions:
A bond with 5 years remaining until maturity is currently trading for 105 per 100 of par value. The bond offers a 6% coupon rate with interest paid semiannually. The bond is first callable in 3 years, and is callable after that date on coupon dates according to the following schedule:
\table[[End of Year,Call Price],[3,103],[4,102],[5,100]]
The bond's annual yield-to-maturity is closest to:
(A)4.86%.
4.98%.
5.23%.ormation relates to the next four questions:
A bond with 5 years remaining until maturity is currently trading for 105 per 100 of par value. The bond offers a 6% coupon rate with interest paid semiannually. The bond is first callable in 3 years, and is callable after that date on coupon dates according to the following schedule:
[End of Year,Call Price],
[3,103]
[4,102]
[5,100]
Q1- The bond's annual yield-to-maturity is closest to:
4.86%
4.98%
5.23%
Q2- The bonds annual yield-to-first-call isclosestto:
5.06%
5.12%
5.45%
Q3-The bonds annual yield-to-second-call isclosestto:
5.06%
5.12%
5.45%
Q4- The bonds yield-to-worst isclosestto:
4.86%
5.06%
5.45%
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