A 7-year 1100 semi-annual coupon bond with a par value of
A 7-year, 11.00% semi-annual coupon bond with a par value of $1000 may be called in 5 years at a call price of $1,155.00. The bond sells for $970.50. (Assume that the bond has just been issued.). What is its yield to maturity?
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a 7-year 1100 semi-annual coupon bond with a par value of 1000 may be called in 5 years at a call price of 115500 the
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