Question

Find the yield to call of the bond. Bond has 30 years to maturity and it...

Find the yield to call of the bond. Bond has 30 years to maturity and it can be called in 9 years at a call price of $1080. 6% coupon rate and priced at $820.

a) 4.8%

b) 9.6%

c) 11.2%

d) 6.22%

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