Problem:
General Electric has just issued a callable (at par) 10-year 5.6% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $101.55.
Required:
Question 1: What is the bonds yield to maturity?
Question 2: What is its yield to call?
Question 3: What is its yield to worst?
Note: Please provide full description.