Question: A 3 0 - year maturity, 8 . 3 % coupon bond paying coupons semiannually is callable in five years at a call price of
A year maturity, coupon bond paying coupons semiannually is callable in five years
at a call price of $ The bond currently sells at a yield to maturity of per
halfyear
a What is the yield to call?
b What is the yield to call if the call price is only $
c What is the yield to call if the call price is $ but the bond can be called in two
years instead of five years?
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