What is the yield to call of a 20-year to maturity bond that pays a coupon rate of 12.35 percent per year, has a $1000 par value. and is currently priced at $943? The bond can be called back in 3 years at a call price $1,055. Assume annual coupon payments.
What is the yield to call of a 20-year to maturity bond that pays
a coupon rate of 12.35 percent per year, has a $1000 par value. and is currently priced at $943? The bond can be called back in 3 years at a call price $1,055. Assume annual coupon payments.