Question

Suppose that a 9% semi-annual coupon bond with a time to maturity of 10 years and...

Suppose that a 9% semi-annual coupon bond with a time to maturity of 10 years and a par value of $100 has a price of $107,5. This bond is first callable in 7 years at a redemption price of $105,5.

What is the yield to maturity for this bond?

What is the yield to first call for this bond? You will need to use Excel for this problem

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