Question: A company issues a callable (at par) ten-year, 6% coupon bond with semi-annual coupon payments. The bond can be called at par in two year

A company issues a callable (at par) ten-year, 6% coupon bond

A company issues a callable (at par) ten-year, 6% coupon bond with semi-annual coupon payments. The bond can be called at par in two year after release. On release, it has a price of $104 per $100 of face value. What is the yield to worst of this bond when it is released? O 1.95% O 2.74% 3.90% O 5.48% QUESTION 15 and the yield to worst is the yield to When coupon rate is lower than the market interest, the likelihood of a call is high, call low, call Olow, maturity O high, maturity. QUESTION 16 A bond has a face value of $10,000 and a conversion ratio of 330. The stock is currently trading at $16.50. What is the conversion price? O $16.5 O $30.3 $330

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