Question
Franks 20 year bonds are callable in 2 years. they have a coupon rate of 8.5%...
Franks 20 year bonds are callable in 2 years. they have a coupon rate of 8.5% and a YTM of 7 percent if the call premium is $100 what is yield to call
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Answer #1
Yield to Call: 4.85%
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