Question: Given : US$ 1000 par value; coupon rate = 5%; maturity = 15 years; Solve for what is required: What is the YTC if, all

Given :

US$ 1000 par value; coupon rate = 5%; maturity = 15 years;

Solve for what is required:

  1. What is the YTC if, all else the same, the 1st call will be in 5 years, at the call price of US$ 1100

  2. What is the YTC if, all else the same, the 1st call will be in 5 years, at the call price of US$ 1025

  3. What is the YTC if, all else the same, the 1st call will be in 5 years, at the call price of US$ 975

  4. What is the YTC if, all else the same, the 1st call will be in 5 years, at the call price of US$ 900

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