Question: A 3 0 - year maturity, 8 % coupon bond paying coupons semiannually is callable in five years at a call price of $ 1

A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five
years at a call price of $1,100. The bond currently sells at a yield to maturity of 7%
(3.5% per half-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?
PLEASE DONT USE EXCEL AND FINANCIAL CALCULATOR (Just formulas)

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