Question: A 7 . 2 5 percent coupon bond with 2 5 years left to maturity can be called in five years. The call premium is
A percent coupon bond with years left to maturity can be called in five years. The call premium is one year of coupon payments. It is offered for sale at $ What is the yield to call of the bond? Assume that interest payments are paid semiannually and par value is $
Multiple Choice
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percent
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