Question: The following data are pertaining to callable bonds issued by National Co. which can be called after 3 years: Current market price: P1,150 Par

The following data are pertaining to callable bonds issued by National Co. which can be called after 3 years: Current market price: P1,150 Par value: P1,250 Coupon rate: 4% Call price: P150 less than the par value What is the Yield to Call?

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To calculate the Yield to Call YTC on a callable bond we need to find the interest rate at which the present value of all future cash flows coupon pay... View full answer

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