One year ago, Pesca Company issued a series of 13% semiannual coupon callable bonds with a par value of $1,000 and matur
Posted: Sun Jun 05, 2022 7:40 am
One year ago, Pesca Company issued a series of 13% semiannual
coupon callable bonds with a par value of $1,000 and maturity of
ten years with the provision that the bond to be called in 6 years.
The call price of the bonds is $1,065 per bond, and currently, the
bonds are traded at $1,270 per bond in the bond market. What is the
Pesca Company bonds' nominal yield to maturity? What is the Pesca
Company bonds' nominal yield to call?
coupon callable bonds with a par value of $1,000 and maturity of
ten years with the provision that the bond to be called in 6 years.
The call price of the bonds is $1,065 per bond, and currently, the
bonds are traded at $1,270 per bond in the bond market. What is the
Pesca Company bonds' nominal yield to maturity? What is the Pesca
Company bonds' nominal yield to call?