Question: Yield to Call Find the yield to call for a 8% coupon, $1,000 par 15 year bond selling at $978.64 if the bond is callable

Yield to Call Find the yield to call for a 8% coupon, $1,000 par 15 year bond selling at $978.64 if the bond is callable in 7 years at a call price of $1,080. The bond makes semiannual coupon payments.

a) 8.27%

b) 8.12%

c) 9.26%

d) 8.52%

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