A is the bond sold at a premium par or discount b what is


You are purchasing a bond that currently sold for $985.63. It has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. The bond can be called for 1,020 in 3 years

a. Is the bond sold at a premium, par or discount?

b. What is the yield- to- call of the bond?

c. What is the yield -to- maturity of the bond?

d. What is the price of the bond 4 years from today if the bond is not called and it has the yield to maturity is 6.23%?

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Basic Statistics: A is the bond sold at a premium par or discount b what is
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