Question 1(1 point) What is the yield to call of a 30-year to maturity bond that pays

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Question 1(1 point)

What is the yield to call of a 30-year to maturity bond that pays a coupon rate of 12.24 percent per year, has a $1,000 par value, and is currently priced at $1,018? The bond can be called back in 4 years at a call price $1,056. Assume annual coupon payments.

Round the answer to two decimal places in percentage form.(Write the percentage sign in the "units" box)

You should use Excel or financial calculator.

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Posted Date: May 19, 2024 01:02 PM

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Question 1(1 point) What is the yield to call of a 30-year to maturity bond that pays

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