D / rp A 15-year, 8% annual coupon bond selling for $1,500 can be called in 10 years for $1,200, what is its yield to ca

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answerhappygod
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D / rp A 15-year, 8% annual coupon bond selling for $1,500 can be called in 10 years for $1,200, what is its yield to ca

Post by answerhappygod »

D / rp
A 15-year, 8% annual coupon bond selling for $1,500 can
be called in 10 years for
$1,200, what is its yield to call (YTC)? Assume a par value of
$1000.
(Please use a formula and or equation rather than using
a cover sheet or graph)
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