Question

A 20-year, 9% semi-annual bond with a PAR value of $1,000 is currently selling for $1175...

A 20-year, 9% semi-annual bond with a PAR value of $1,000 is currently selling for $1175 with a YTM of 7.3201%. The bond could be called after SEVEN (7) years for a CALL price of $1060.

CALCULATE: YTC (Yield to CALL)

COMPLETE: Call Decision (yes or no) choice

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SOLVED WITH BA II PLUS CALCULATOR

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