Find the price of the bond to yield a minimum nominal


A 10% bond with face amount 100 is callable on any coupon date from 15 1/2 years after issue up to the maturity date which is 20 years from issue.

a) Find the price of the bond to yield a minimum nominal annual rate of 12%, 10%, and 8%.

b) Find the minimum annual yield to maturity if the bond is purchased for 80, 100, and 120.

(The other solutions for this question I've seen on chegg have been incorrect, so please do not use those as reference)

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Financial Management: Find the price of the bond to yield a minimum nominal
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