Question: Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones. 3. A 20-year maturity, 8.1% coupon bond paying coupons semiannually is callable in five

Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones. 3.Please use ONLY an Excel spreadsheet for the solutionsno handwritten ones.

3. A 20-year maturity, 8.1% coupon bond paying coupons semiannually is callable in five years at a call price of $1,090. The bond currently sells at a yield to maturity of 6.8% (3.4\% per halfyear) and its par value is $1,000. What is the yield to call

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