Question: Please use excel only. 2. A 25 -year maturity, 8.1% coupon bond paying coupons semiannually is callable in five years at a call price of

Please use excel only. 2. A 25 -year maturity, 8.1% coupon bondPlease use excel only.

2. A 25 -year maturity, 8.1% coupon bond paying coupons semiannually is callable in five years at a call price of $1,105. The bond currently sells at a yield to maturity of 7.1%(3.55% per halfyear). What is the yield to call

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