A 30-year maturity 8 coupon bond paying coupons
A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call premium of 9%. The bond currently sells at a yield to maturity of 5%. What is the yield to call? Please show your work.
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a 30-year maturity 8 coupon bond paying coupons semiannually is callable in five years at a call premium of 9 the bond
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