A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000

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A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000 and a coupon rate of 3.8%. The bond's current price is $1,000. It is callable at a call price of $1,050 in one year.

YTM = 3.8%

What is the bond's yield to call?

Posted Date: May 18, 2024 05:09 AM

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A corporate bond pays interest annually and has 4 years to maturity, a face value of $1,000

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