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Yield to Call Find the yield to call for a 8% coupon, $1,000 par 15 year bond selling at $978.64 if the bond is callable
Yield to Call Find the yield to call for a 8% coupon, $1,000 par 15 year bond selling at $978.64 if the bond is callable in 7 years at a call price of $1,080. The bond makes semiannual coupon payments. |
a) 8.27%
b) 8.12%
c) 9.26%
d) 8.52%
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