Question: Question 3 Bond Features Maturity (years) 5 Face Value = $1,000 Coupon Rate = 5.00% Current Price = $1,100 Coupon dates (Annual) Time to call

Question 3

Bond Features
Maturity (years) 5
Face Value = $1,000
Coupon Rate = 5.00%
Current Price = $1,100
Coupon dates (Annual)
Time to call (years) 3
Price if Called $1,050.00

What is the bond's yield to call (YTC) (annual) if the bond is called at its first possible date?

1.56%
4.59%
3.11%
4.55%
3.08%

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