Question: Find YTC (yield-to-call) for a 9% coupon bond with face value of $1000 that matures 20 years from now. Coupons are paid annually and current
Find YTC (yield-to-call) for a 9% coupon bond with face value of $1000 that matures 20 years from now. Coupons are paid annually and current bond price is $1300. The bond is callable 7 years from now with a call price of $1100
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