Question: 1 ) A 1 0 - year, 1 0 % semiannual coupon bond with a par value of $ 1 , 0 0 0 is

1) A 10-year, 10% semiannual coupon bond with a par value of $1,000 is selling for $1,135.90 and can be called after 5 years at $1,050. Calculate the yield to call (YTC) and discuss the circumstances under which the issuer would likely call the bond.
1 ) A 1 0 - year, 1 0 % semiannual coupon bond

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