Five years ago, XYZ Company issued a 20-year bond with a 4.75% coupon paid semiannually. The bond
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Question:
Five years ago, XYZ Company issued a 20-year bond with a 4.75% coupon paid semiannually. The bond may be called at 104% of par, 10 years after issue. Assuming the bond is currently selling for $990, calculate the bond's yield to call.
Question 11 options:
a) | 4.95% |
b) | 2.84% |
c) | 5.68% |
d) | 5.18% |
Expert Answer:
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