What is the yield to call of a 30-year to maturity bond thatpays a coupon rate of 1.65 percent per year, has a $1,000 parvalue, and is currently priced at $945? The bond can be called backin 4 years at a call price $1,086. Assume annual couponpayments.
What is the yield to call of a 30-year to maturity bond thatpays a coupon rate of 1.65 percent per year, has a $1,000 parvalue, and is currently priced at $945? The bond can be called backin 4 years at a call price $1,086. Assume annual couponpayments.