Question: I have to solve a yield to call bond problem. Does it matter when the bonds were issued? For example, issued 5 years ago and
I have to solve a yield to call bond problem. Does it matter when the bonds were issued? For example, issued 5 years ago and mature in 27 years. The bond is callable in 6 years.
N is 6 or 1?... since it was issued 5 years ago and can be called in 6 years?
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