The bond has 5 years to maturity but can be called after 3


If coupon rate of 9% and 1000 per value. The bond has 5 years to maturity but can be called after 3 years for $1000 plus $60. Current price of the bond is $1060.

What is the yield to call?

Solution Preview :

Prepared by a verified Expert
Finance Basics: The bond has 5 years to maturity but can be called after 3
Reference No:- TGS02895166

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)