Question: A 3 0 - year - maturity, 7 % coupon bond paying coupons semiannually is callable in five y at a call price of $

A 30-year-maturity, 7% coupon bond paying coupons semiannually is callable in five y
at a call price of $1,100. The bond currently sells at a yield to maturity of 6%(3% per h
year).
a. What is the yield to call?
b. What is the yield to call if the call price is only $1,050?
c. What is the yield to call if the call price is $1,100 but the bond can be called in two
years instead of five years?
A 30-year-maturity, 7% coupon bond paying coupons semiannually is callable in

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