Question: PLEASE SHOW ON EXCEL On Aug 15 th , 2016 you are offered the following bond: Face value $250 (par value) Coupon rate 7% Coupon
PLEASE SHOW ON EXCEL
- On Aug 15th, 2016 you are offered the following bond:
- Face value $250 (par value)
- Coupon rate 7%
- Coupon frequency semiannual (8/15 & 2/15)
- Maturity date Aug 15, 2058
- First call date February 15, 2027
- Call premium 3% of the face value
- Bond current market price $300
- What is the yield to maturity?
- What is the Yield to Call?
- What is the current yield?
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