A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 5 years a
Posted: Wed May 18, 2022 11:39 pm
A callable bond pays annual interest of $60, has a par value of
$1,000, matures in 20 years but is callable in 5 years at a price
of $1,100, and has a value today of $1055.84. The yield to call on
this bond is ________.
Group of answer choices
6.88%
8%
7.2%
6.41%
$1,000, matures in 20 years but is callable in 5 years at a price
of $1,100, and has a value today of $1055.84. The yield to call on
this bond is ________.
Group of answer choices
6.88%
8%
7.2%
6.41%