Question: Today you bought a callable bond issued at a yield to maturity of 5 . 5 % . It has 1 0 years to maturity,
Today you bought a callable bond issued at a yield to maturity of It has years to maturity, a coupon rate of a call price of and the first call date is in years. The yield and coupon follow the convention with semiannual periods. Which of the following is closest to the yield to call YTC on the bond?
Question options:
a
b
c
d
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