A callable bond is selling at 98% of its par value at this moment. The annual coupon rate is 8% and it is callable in 20

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answerhappygod
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A callable bond is selling at 98% of its par value at this moment. The annual coupon rate is 8% and it is callable in 20

Post by answerhappygod »

A callable bond is selling at 98% of its par value at this
moment. The annual coupon rate is 8% and it is callable in 20 years
from now with a call premium of 3%, what is the yield to call?
(Please round up your answers to two decimals and type your
answer without the percentage sign. E.g. if you answer is 15.856%,
type 15.86)
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