A $1,000,000 corporate bond has a 5.000% semi-annual coupon, a market price of 104.000 , a maturity

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A $1,000,000 corporate bond has a 5.000% semi-annual coupon, a market price of 104.000 , a maturity date of November 15, 2037,

a call premium of 4%, and a call date of November 15, 2027. What is the Yield-to-Worst and Dv01 to worst for this bond?

Round your yield answer to the nearest 0.001% and the Dv01 to the nearest whole dollar

Related Book For answer-question

Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Posted Date: Dec 02, 2023 08:34 AM

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A $1,000,000 corporate bond has a 5.000% semi-annual coupon, a market price of 104.000 , a maturity

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The yieldtoworst YTW is the lowest possible yield that an investor can receive on a bond if it is he... View the full answer

Accounting

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