Question: Part 2 answer is required only Problem 18 Intro A corporate bond pays interest annually and has 3 years to maturity, a face value of
Part 2 answer is required only
Problem 18 Intro A corporate bond pays interest annually and has 3 years to maturity, a face value of $1,000 and a coupon rate of 3.8%. The bond's current price is $1,008.4. It is callable at a call price of $1,050 in one year. IB Attempt 6/6 for 10 pts. Part 1 What is the bond's yield to maturity? 3.957% IB Attempt 4/6 for 10 pts. Part 2 What is the bond's yield to call? 3+ decimals Submit
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